Alright, so like, Strategy (or, like, Strategy, formerly known as MicroStrategy…or whatever) unveiled a plan to raise a whopping $2.1 billion on May 22, 2025. In a prospectus supplement filed on the same day, they spilled the tea that they’re gonna issue this new thing called Perpetual Strife Preferred Stock, offering a fat 10% yield. This stock, also known as STRF, is gonna be the new kid on the block.
The main goal of this fundraising shindig is to support Strategy’s long-term Bitcoin plans, which involves throwing some cash at buying more Bitcoin. I mean, Strategy already holds over 214,000 BTC, which is like, a lot more than any other public company out there. And they’re not stopping there, oh no. With the help of some major financial players like Barclays Capital, The Benchmark Company, and TD Securities, Strategy is gonna sell these STRF shares like hotcakes. They’re only gonna issue the stock when the market is feeling it, you know what I mean?
So, not really sure why this matters, but Strategy is blending finance and crypto with this bold move to beef up their Bitcoin treasury. They’re basically using the money they make from selling stock to buy more Bitcoin, and they currently have a whopping 576,230 BTC. That’s like, 2.9% of the total Bitcoin supply, which is pretty insane if you ask me. With Bitcoin prices hitting new highs, this whole shebang could be a game-changer. Who knows, maybe other companies will follow suit and jump on the Bitcoin bandwagon. Just a thought, you know?
