From Nasdaq Corporation. May 22, 2025 08:39:00 AM:

Strategy Inc. (MSTR) has entered into a sales agreement to issue and sell shares of its 10% Series A Perpetual Strife Preferred Stock at $0.001 per value per share, with an aggregate offering price of up to $2.1 billion through an ATM program. The net proceeds will be used for general corporate purposes, including acquiring bitcoin and working capital.

The sale of the perpetual strife preferred stock is scheduled for May 22 under the existing shelf registration statement that became effective on January 27, 2025. In pre-market trading, Strategy is 1.67% higher at $409.41 on the Nasdaq.

Read more at Nasdaq: Strategy To Sell 10% Series A Perpetual Strife Preferred Stock At $0.001/shr