Michael Saylor's Strategy has announced a $4.2 billion At-The-Market (ATM) equity offering for its 10.00% Series A Perpetual Strike Preferred Stock, ticker $STRD. The company plans to utilize the proceeds to potentially acquire more Bitcoin, manage working capital, and pay dividends on its STRD and STRF stock. This move aligns with Strategy's ongoing commitment to expanding its Bitcoin holdings and strengthening its financial position.