Strategy Inc. has successfully raised €620 million through a Series A Perpetual Stream Preferred Stock offering to expand its Bitcoin treasury. The fundraising effort, spearheaded by Barclays and Morgan Stanley, features a 10% annual dividend and has garnered significant institutional interest.
Led by Michael Saylor, Strategy Inc. aims to solidify its status as the largest corporate Bitcoin holder. Despite the offering receiving a B- rating from S&P Global due to concerns over Bitcoin's volatility and liquidity risks, Saylor remains committed to Bitcoin as a key reserve asset in the digital era.
Strategy Inc. Secures €620M to Expand Bitcoin Holdings
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