Business

Strategy Unveils New Preferred Stock Offering

Strategy plans to offer 5 million shares of Series A Perpetual Strife Preferred Stock, paying a 10% annual dividend. Proceeds will fund Bitcoin (BTC) acquisitions and general corporate purposes.

Haider Jamal
March 19, 2025

$100 Per Share

Dividends will be paid quarterly, with compounded dividends escalating to 18% annually if payments are delayed. Strategy can redeem shares if fewer than 25% of the original stock remains or due to certain tax events, with the redemption price based on liquidation preference and unpaid dividends.

Source: X (@Strategy)

The liquidation preference is initially set at $100 per share, adjusted daily based on trading prices. Moreover, in case of a fundamental change, shareholders can request repurchases at set prices including accumulated dividends.

Not Selling Securities

The offering will be led by Morgan Stanley, Barclays, Citigroup, and Moelis & Company, under an SEC-registered offering.

It’s worth mentioning that the announcement is not an offer to sell securities. The prospectus is available via the SEC website or the underwriters.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.