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$STRD Goes Big: $1 Billion Raise to Double Down on Bitcoin

$STRD Goes Big: $1 Billion Raise to Double Down on Bitcoin

Coingape
Author:
Coingape
Release Time:
2025-06-06 11:27:29
0

In a move that screams 'bull market,' Strategy's token offering just ballooned to ten figures—because why hedge when you can YOLO into BTC?

The playbook? Simple: Print more $STRD, swap it for cold-hard Satoshis. Wall Street analysts are already calling it 'leveraged conviction'—or maybe just FOMO dressed in a suit.

One thing's certain: When crypto shops start raising war chests this big, either they know something we don't... or they're about to make history's most expensive dart throw.

MicroStrategy Hit With Lawsuit Over $5.9B Bitcoin Loss – Still Adds $765M BTC

Michael Saylor’s Strategy has increased its $STRD offering from $250 million to $1 billion to support additional Bitcoin purchases. On June 5, 2025, the company priced its initial public offering of 11,764,700 shares of 10% Series A Perpetual Stride Preferred Stock at $85 per share. Strategy expects to raise about $979.7 million in net proceeds, which will be used for general corporate purposes and to strengthen its growth plans.

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