Michael Saylor’s Strategy is set to raise $500 million through the new STRC preferred stock offering, providing investors with a 9% annual dividend. These efforts aim to fund further Bitcoin acquisitions.
Details of the IPO and STRC Shares
Strategy is launching its IPO with STRC shares priced between $90 and $95, offering a 10% discount from the initial price of $100. The company has already noted increased trading activity following the IPO announcement.
Terms and Dividends of STRC Shares
STRC shares carry an annual dividend of 9%, payable monthly from August 31, 2025. Strategy retains the right to adjust the dividend monthly, but the reduction cannot exceed 0.25% per year.
Expansion of Bitcoin Holdings and IPO Impact
The IPO complements Strategy’s recent $736.4 million fundraising from selling 1.6 million MSTR shares, which will be reinvested in Bitcoin acquisitions totaling 607,770 BTC at an average cost of $71,756 each.
Michael Saylor’s Strategy targets an increase in Bitcoin holdings through the IPO of STRC with 9% dividends, attracting significant interest from major investment banks.
