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Strategy™ (Nasdaq: MSTR, STRK, STRF, STRD) today revealed plans to sell up to $4.2 billion of its 10.00% Series A Perpetual Stride Preferred Stock, STRD, under an at-the-market (ATM) program. Sales will be made over time, depending on trading prices and volumes, through legal methods including negotiated deals or block trades.
Proceeds will support general corporate purposes, including boosting its bitcoin holdings, working capital needs, and dividend payments to other preferred shareholders. This move underlines Strategy’s firm commitment to cryptocurrency, reinforcing its role as a major supporter of bitcoin despite market volatility.
The sale of STRD Stock will proceed only through a prospectus supplement filed with the SEC on July 7, 2025, under an automatic shelf registration that became effective January 27, 2025. By channeling significant funds into crypto, Strategy signals strong confidence in bitcoin’s future, energizing optimism across the digital asset sector.
