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STRC Offering Expanded Twice in Two Weeks

03.08.2025 01:23

Strategy, a major Bitcoin treasury firm, has significantly impacted the market by dramatically expanding its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) offering. In a move that surprised many, the company doubled its offering to $4.2 billion within a mere two weeks.

This latest expansion follows an initial offering of 28 million shares at $90 each, raising $2.5 billion. This initial capital injection was immediately channeled into acquiring 21,021 Bitcoins at an average price of $117,256 per coin, according to data from bitcointreasuries.net. This acquisition boosted Strategy's Bitcoin holdings to over 628,000 coins.

Co-founder Michael Saylor emphasized the company's unwavering commitment to Bitcoin accumulation. He stated that this substantial capital increase positions Strategy far ahead of the competition and allows for continued, accelerated Bitcoin purchases at an unprecedented scale. The expansion demonstrates a strong belief in Bitcoin's future potential.

The increased $4.2 billion offering, achieved through a new at-the-market (ATM) securities program, will provide Strategy with considerable financial flexibility. This allows them to sell shares at prevailing market prices over the long term, offering consistent access to capital for further Bitcoin acquisitions and general corporate expenses.

The STRC stock, offering a variable monthly dividend currently set at 9% per annum, is attracting a diverse investor base. This includes yield-seeking investors and those specifically betting on Strategy's long-term Bitcoin strategy. The company's board retains the authority to adjust the dividend rate, aiming to maintain a stable share price around $100. This dynamic approach ensures continued market attractiveness, fueling further investment and bolstering Strategy's Bitcoin acquisition capabilities. The information in this text comes from internet sources.