Business intelligence firm and leading corporate Bitcoin investor Strategy has announced plans to issue 5 million shares of its Series A Perpetual Strife Preferred Stock as part of its ongoing Bitcoin accumulation strategy. According to the firm, proceeds from the offering will be used for general corporate purposes, including bolstering working capital and acquiring additional Bitcoin — subject to market and other conditions.
The preferred stock will accrue cumulative dividends at 10% annually, with payments made quarterly starting June 30, 2025. Strategy also disclosed that it reserves the right to buy back all shares in cash if the outstanding shares fall below 25% of the issued amount.
Bitcoin Buying Continues Despite Market Slowdown
The stock offering follows Strategy’s smallest known Bitcoin purchase to date. On March 17, the company disclosed it had bought 130 BTC for $10.7 million at an average price of $82,981 per Bitcoin. This is the smallest BTC acquisition since Strategy first entered the crypto market in August 2020, with its previous low being 169 BTC purchased in August 2024.
Despite the modest size of its latest buy, Strategy remains committed to its Bitcoin investment thesis, even as market sentiment shows signs of shifting.
Strategy Nears 500,000 BTC Milestone
Since it began acquiring Bitcoin, Strategy and its subsidiaries have amassed a staggering 499,226 BTC, acquired at an aggregate purchase price of $33.1 billion, or an average of $66,360 per BTC, including fees.
If the company adds just 774 BTC (approximately $64 million) to its holdings, it will reach the 500,000 BTC milestone, representing 2.38% of the entire Bitcoin supply.
At current market prices, Strategy’s Bitcoin portfolio is valued at $41.1 billion, leaving the firm over $8 billion in profit despite the recent downturn. Strategy continues to hold the title of largest corporate Bitcoin holder globally, maintaining its position as a major player in the crypto investment space.
