Strategy MSTRFinancing
Strategy prices an offering of 28,011,111 shares of STRC preferred stock
Filed Jul 25, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- It agreed on July 24, 2025 to sell 28,011,111 shares of STRC preferred stock at $90 per share.
- Estimated net proceeds are about $2.474 billion, for general corporate purposes including bitcoin and working capital.
- The sale is scheduled to settle on July 29, 2025.
- The initial monthly dividend rate is 9.00% per annum, and Morgan Stanley is lead manager.
Items reported
- 1.01 Material agreement
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.