Strategy may sell preferred stock to raise $300 million to continue increasing its Bitcoin holdings
Mar 9, 2026 13:08:04
According to Cointelegraph, Michael Saylor's Strategy may raise $300 million in the coming weeks by selling preferred stock STRC to purchase more Bitcoin.
It is reported that STRC was launched in July 2025 as a yield-bearing financing tool, maintaining a stock price close to its $100 par value through a variable monthly yield (currently an annualized 11.5%), and has helped the company accumulate a Bitcoin holding valued at approximately $50 billion.
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