Strategy Launches Fourth Preferred stock Offering to Fuel Bitcoin Buys

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Strategy Inc. (NASDAQ: MSTR) has announced the launch of its fourth perpetual preferred stock offering, marking a new phase in the company's ongoing efforts to expand its Bitcoin treasury holdings.

On Monday, the company unveiled plans to conduct a public offering of 5 million shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, designated under the ticker STRC. The offering is registered under the Securities Act of 1933, with proceeds earmarked for general corporate purposes—including the acquisition of additional Bitcoin—as well as working capital.

Monthly dividends at 9% launch rate

Each STRC share carries a stated value of $100 and will accrue cumulative monthly dividends, payable in arrears on the final day of each month. Strategy’s board has set an initial dividend rate of 9% per annum, though the rate may vary over time, according to company filings.

This latest preferred issuance follows three previous series: STRK, STRF, and STRD—each of which trades on the Nasdaq Global Select Market alongside MSTR common stock.

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Continued crypto commitment

The move underscores Strategy’s dedication to expanding its Bitcoin position using a range of capital market tools. With over 607,000 BTC already on its balance sheet, the firm remains the largest public holder of Bitcoin, with a strategy that blends common equity, debt instruments, and now, increasingly diversified preferred stock offerings.

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Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
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