Strategic Investment Firm Strategy has announced a new offering of preferred stock valued at $979.7 million, specifically designed to acquire more Bitcoin (BTC). The offering will generate approximately $979.7 million in funds which will be directed towards increasing their existing BTC holdings. This move demonstrates Strategy’s unwavering dedication to the crypto asset and its potential as a long-term investment strategy. 10% annual yield on this new preferred stock, with no management fees, is being offered to institutional investors. The offering follows in the footsteps of the company’s commitment to accumulating Bitcoin, contributing to market stability.