24.07.2025 21:36
Michael Saylor's Strategy Inc., a firm specializing in bitcoin treasury management, significantly exceeded its fundraising goal. Initially aiming for $500 million, their recent preferred stock offering ultimately raked in a staggering $2 billion.
According to a Bloomberg report citing an informed source, this dramatic increase reflects exceptionally strong investor interest in Strategy Inc.'s Series A Perpetual Stretch preferred shares (STRC). The successful sale took place in New York.
This substantial capital injection, achieved through the sale of preferred stock, will allow Strategy Inc. to further expand its bitcoin holdings. The considerable demand showcases ongoing confidence in bitcoin as a long-term investment, despite recent market volatility. The scale of this fundraising round marks a major event in the cryptocurrency investment landscape.
