Strategy has increased the size of the STRC preferred stock issuance from $500 million to $2.521 billion.

According to the official announcement, Strategy completed the pricing of 28 million shares of variable rate Class A perpetual preferred stock on July 24, 2025, with an issue price of $90 per share. It is expected to be settled on July 29th with an estimated fundraising of approximately $2.474 billion after deducting expenses. The raised funds will be used for general corporate purposes, including increasing holdings of bitcoin. The initial annualized monthly dividend rate for STRC is 9% and can be adjusted by the company based on market conditions.