战略推动STRC优先股发行至20亿美元-报告

Strategy (NASDAQ:MSTR), the world's largest corporate holder of bitcoin (BTC-USD), has boosted the size of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to $2B from $500M, according to a media report published Thursday.

The shares, which carry an initial dividend of 9.00% at $90 each -- representing a discount to their $100 face value, are set to be priced at noon in New York, Bloomberg reported, citing a person familiar with the matter.

Net proceeds from the offering will be used for general corporate purposes like bitcoin (BTC-USD) purchases and working capital. At July 20, MSTR's total BTC holdings were 607,770 tokens, valued at $7.23B at current prices.

The new Stretch preferreds will sit above its Strike (STRK) and Stride (STRD) preferreds and common equity in the capital structure, but remain subordinate to its Strife (STRF) preferreds and outstanding convertible bonds, people familiar told Bloomberg.

"STRC's price stabilization mechanisms ensure principal preservation and yield competitiveness, drawing capital away from traditional cash equivalents and fueling further Bitcoin accumulation," said SA analyst Nikolaos Sismanis.