Strategy (MSTR), a corporate bitcoin treasury firm, announced its fourth preferred stock offering on July 21, 2025.

The new perpetual preferred shares, labeled “STRC,” are intended to fund bitcoin acquisitions and general corporate purposes.

STRC will offer cumulative dividends at a variable annual rate, starting at 9%, based on a US$100 stated amount per share.

Dividends will be paid monthly, beginning August 31.

Earlier that day, Strategy disclosed the purchase of 6,220 bitcoin for US$739.8 million, bringing its total holdings to 607,770 BTC.

These offerings support Strategy’s “42/42” initiative to raise US$84 billion in equity and convertible notes for bitcoin by 2027.

Recent Strategy developments