Strategy (MSTR) Arms Itself With $44.1 Billion ATM Capacity

Strategy has moved to sharply expand its capacity to raise capital through at‑the‑market equity and preferred offerings, adding new Wall Street agents and reshaping its preferred stock authorization to favor a key floating‑rate series. 

The steps, disclosed in a March 23 Form 8‑K, give the company scope to sell up to an additional $44.1 billion in securities on top of large existing programs.​

In the filing, Strategy said it entered joint agreements with Moelis & Company LLC, A.G.P./Alliance Global Partners, and StoneX Financial Inc., adding them as sales agents under its Omnibus Sales Agreement dated November 4, 2025.

That agreement already named TD Securities…

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