Strategy Plans to Issue Up to $21 Billion in Common and Preferred Stock via ATM
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On March 23, Strategy filed an 8-K document, planning to issue up to $21 billion in common stock and $21 billion in STRC preferred stock via an ATM method. Additionally, it intends to issue up to $2.1 billion in STRK preferred stock. At the same time, the authorized shares for STRC preferred stock will be increased from approximately 70.43 million shares to about 283 million shares, while the authorized shares for STRK preferred stock will be decreased from approximately 270 million shares to about 40.27 million shares.
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