according to official sources, Strategy (Nasdaq code: MSTR/STRK) announced that it has completed the pricing of 10.00% Series A perpetual preferred shares (stock code: $STRF). The company will issue 8.5 million shares, with a public offering price of $85.00 per share, increasing the offering size from the original plan of $500 million to $722.5 million.

It is reported that the offering is expected to be completed on March 25, 2025, with the company estimating net proceeds of approximately $711.2 million (after deducting underwriting discounts, commissions, and estimated offering expenses). Strategy stated that the funds raised will be used for general corporate purposes, including Bitcoin acquisitions and working capital.