Strategy Aims for $1B Raise with New Stride Shares to Fuel Bitcoin Buys

In a fresh move to bolster its Bitcoin war chest, Strategy is rolling out a new fundraising vehicle—Stride preferred shares—targeting up to $1 billion in capital.

The offering, originally set at $250 million, has been sharply expanded as the company seeks to deepen its crypto holdings and support general operations.

Rather than a public sale, this raise will involve a select pool of investors. The Stride shares, carrying a 10% potential dividend, will launch at $85—below their $100 liquidation value—a pricing choice seen as a tactic to stoke demand. The issuance is expected to close on June 10.

If fully subscribed, the capital injection could fund the acquisition of nearly 10,000 BTC, aligning with Strategy’s ongoing accumulation campaign that has already pushed its Bitcoin reserves to 580,250 coins. The company has previously leaned on instruments like STRF and STRK, but this marks its largest preferred stock issuance to date.

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The Stride offering arrives at a moment of mixed sentiment. Bitcoin recently pulled back from record highs, and Strategy’s stock, along with its other preferred classes, has slipped from 2025 peaks. STRD’s discounted pricing and high-yield promise make it attractive to risk-tolerant investors, but its structure also places it in speculative territory.

With this move, Strategy is once again testing investor appetite for its long-term bet: that Bitcoin belongs not just on balance sheets, but at the heart of corporate finance.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.