STRD Offering to Fund Bitcoin Purchases, Dividends, and Business Operations
Strategy™ (Nasdaq: MSTR, STRK, STRF, STRD) has revealed plans to sell up to $4.2 billion of its 10.00% Series A Perpetual Stride Preferred Stock (STRD) through an at-the-market (ATM) offering. This means shares will be sold gradually over time, depending on market conditions such as trading volume and stock price.
The company will conduct sales through legal channels, including negotiated transactions and block trades. A prospectus supplement related to this offering was filed with the U.S. Securities and Exchange Commission (SEC) on July 7, 2025, under an automatic shelf registration statement that became effective on January 27, 2025.
Strategic Focus on Bitcoin and Corporate Flexibility
Proceeds from the STRD stock sale will be used to support general corporate purposes, with a key focus on:
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Increasing the company’s bitcoin holdings
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Meeting working capital requirements
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Paying dividends to other preferred shareholders
This move reinforces Strategy’s ongoing commitment to the cryptocurrency sector, particularly bitcoin, despite the digital asset market’s continued volatility. By allocating billions toward crypto investment, Strategy is signaling strong institutional confidence in the long-term value of digital assets.
As one of the most prominent public companies actively investing in bitcoin, Strategy continues to position itself as a leader in the digital asset economy. The planned STRD offering is not only a fundraising effort—it’s a statement of belief in bitcoin’s future.