Just days after securing over $2.5 billion in capital, the company has filed with the SEC to raise an additional $4.2 billion through the sale of its Bitcoin-backed security, STRC.
The filing outlines a new stock offering via major institutions including Morgan Stanley, Barclays, and TD Securities. The shares—part of its Variable Rate Series A Perpetual Stretch Preferred Stock—are listed on Nasdaq and currently trading near $94.50. No timeline was provided for when the offering will take place.
Strategy plans to use the funds for general corporate purposes, with a focus on expanding its Bitcoin reserves. Earlier this week, the firm used nearly all of its prior raise to purchase 21,021 BTC, bringing its total holdings to 628,791 BTC—valued at $46.8 billion with an average cost of $73,227 per coin.
The company also reported $14 billion in Q2 operating income, largely driven by unrealized gains from fair value adjustments on its Bitcoin stash. CEO Phong Le emphasized that Strategy’s capital strategy has significantly increased its Bitcoin per share (BPS) by over 25% this year.
Strategy’s recent offerings—including STRK, STRF, STRD, and now STRC—have raised more than $10 billion collectively. With growing investor interest in BTC-backed assets, the company has now raised its full-year performance targets to a 30% BTC yield and $20 billion in Bitcoin gains.
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