Strategy’s $250M STRD Stock Offering: Boosting Bitcoin Acquisitions

Strategy, a leading player in Bitcoin (BTC) investment, is launching a public stock offering to raise funds for further BTC acquisitions and bolster its operations. The company plans to issue 2.5 million shares of its new stock called STRD, with each share carrying an initial value of $100 known as the liquidation preference. This offering will allow Strategy to purchase even more Bitcoin and solidify its commitment to this promising asset.