Strategy (MSTR) Announces $21B STRK At-The-Market Program

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Strategy Announces $21 Billion STRK At-The-Market Program

March 10, 2025 8:00 AM EDT

TYSONS CORNER, Va.--(BUSINESS WIRE)-- Strategy (Nasdaq: MSTR; STRK) today announced that it has entered into a sales agreement pursuant to which Strategy may issue and sell shares of its 8.00% series A perpetual strike preferred stock, $0.001 par value per share (the perpetual strike preferred stock), having an aggregate offering price of up to $21.0 billion (the ATM Program). Shares of the perpetual strike preferred stock are convertible by the holders into shares of Strategys class A common stock.

Strategy expects to make sales of perpetual strike preferred stock pursuant to the ATM Program in a disciplined manner over an... More