Strategy Unveils $250M STRD Offering To Buy More Bitcoin As Global Adoption Accelerates
Michael Saylor’s Strategy plans to raise $250 million through an offer of 10% Series A Perpetual Stride Preferred Stock (STRD) to buy more Bitcoin as institutional adoption accelerates across the world. “Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital,” the company said in a statement. Strategy today announced the launch of $STRD ("Stride"), a new perpetual preferred stock offering, available to institutional investors and select non-institutional investors. For more information, click here. $MSTR https://t.co/D2Wy9M2bqa — Michael Saylor (@saylor) June 2, 2025 That’s after Strategy, formerly MicroStrategy (MSTR), recently offered the public other preferred shares labeled Strike (STRK) and Strife (STRF) in an effort to raise $84 billion to fund future Bitcoin buys. Strategy’s STRD Shares Will Be Offered To Institutions, With Some Exceptions ...