Michael Saylor's Strategy ($MSTR) to Raise $2.1 Billion via STRF Preferred Stock for Bitcoin

MicroStrategy Inc., now known as Strategy ($MSTR), has announced plans to raise up to $2.1 billion through the sale of 10% preferred stock. The funds are intended to be used for further acquisitions of Bitcoin, as detailed in a prospectus supplement filed on May 22, 2025.

The company, led by Michael Saylor, will issue the Series A perpetual preferred stock, coded as STRF, as part of an at-the-market program. This move is aimed at continuing Strategy's strategy of investing in Bitcoin, utilizing the Perpetual Strife Preferred Stock.

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