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BTC $63,507.10 -0.29%
ETH $1,879.06 -0.10%
BNB $610.71 -1.28%
XRP $1.00 -1.96%
SOL $75.58 -1.06%
TRX $0.3357 +0.49%
DOGE $0.0699 -3.29%
ADA $0.1819 -2.40%
BCH $213.90 -0.11%
LINK $8.65 -1.51%
HYPE $56.28 +3.50%
AAVE $88.07 -0.95%
SUI $0.6815 -1.76%
XLM $0.1600 -1.17%
ZEC $491.40 +1.77%

Strategy may sell preferred stock to raise $300 million to continue increasing its Bitcoin holdings

2026-03-09 13:08:04

According to Cointelegraph, Michael Saylor's Strategy may raise $300 million in the coming weeks by selling preferred stock STRC to purchase more Bitcoin.

It is reported that STRC was launched in July 2025 as a yield-bearing financing tool, maintaining a stock price close to its $100 par value through a variable monthly yield (currently an annualized 11.5%), and has helped the company accumulate a Bitcoin holding valued at approximately $50 billion.

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