- Strategy is launching a $2.1 billion ATM stock sale to expand its Bitcoin holdings and support corporate growth initiatives.
- The company currently holds 499,096 BTC worth $41.2 billion, purchased for $33.1 billion at an average price of $66,423 per BTC.
- CEO Michael Saylor suggests the U.S. government acquire 5%-25% of Bitcoin’s supply by 2035, estimating gains of up to $81 trillion by 2045.
Strategy, formerly known as MicroStrategy, has unveiled a $2.1 billion fundraising initiative to expand its Bitcoin holdings. The company intends to issue shares through its At the Market (ATM) program. This decision underscores its ongoing commitment to digital assets. CEO Michael Saylor announced the plan on social media platform X.
Convertible Preferred Stock Offering for Flexible Market Sales
The company plans to offer convertible preferred stock, which can later be converted into Strategy’s Class A common stock. These shares will be sold under a structured sales agreement over time. The ATM program will allow the company to issue shares based on real-time market conditions. The equity sale will depend on trading volume and stock price, ensuring flexibility in the transaction process.
The primary purpose of this fundraising initiative is to support general corporate growth and increase Bitcoin reserves. A significant portion of the funds will be allocated to acquiring more Bitcoin. Strategy currently holds 499,096 BTC, valued at approximately $41.2 billion. The company purchased these assets for a total of $33.1 billion at an average price of $66,423 per BTC.
Regulatory Compliance and SEC Oversight
The stock sale follows provisions under Rule 415(a)(4) of the Securities Act of 1933. Medical Staffing Network has registered its automatic shelf statement with the U.S. Securities and Exchange Commission. According to the announcement, the notice does not function as either an offer to sell or a solicitation for purchasing preferred stock. The transaction follows the laws governing different locations where it takes place.
According to its previously established plan, the Strategy intended to raise $21 billion through both equity issuance, combined with $21 billion in fixed-income securities throughout the following three years. As an element of its strategic “21/21 plan,” the company pursues this initiative to support long-term capital allocation.
At the White House Crypto Summit on March 7, 2025, Michael Saylor presented his ideas about how digital assets should receive national leadership from the US. Saylor suggested that the government should purchase between 5% to 25% ownership of Bitcoin throughout the period from 2035 to the present. Such financial benefits for the economy would fall between $16 trillion and $81 trillion according to his projections by 2045.
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