Strategy plans to sell preferred stock to raise $300 million for increased Bitcoin holdings

GateNews

2026-03-09 05:09:27

Gate News reports that on March 9, Michael Saylor’s Strategy may raise $300 million in the coming weeks by selling preferred shares STRC to purchase more Bitcoin. STRC was launched in July 2025 as an income-generating financing tool, maintaining its stock price close to a $100 face value through a variable monthly yield, currently offering an annualized return of 11.50%. This instrument has helped Strategy accumulate a Bitcoin holding worth approximately $50 billion.

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