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Strategy Announces STRD Offering To Facilitate More Bitcoin Purchases

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June 3, 2025
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Strategy Announces STRD Offering To Facilitate More Bitcoin Purchases
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Strategy, a company known for its massive Bitcoin holdings, has just announced a new move. On June 2, 2025, it revealed plans for an initial public offering (IPO) of its new STRD Stock. More Details About the STRD Stock The company will offer 2.5 million shares of STRD, a preferred stock with a 10% annual dividend rate. These dividends won’t be guaranteed. They’ll only be paid if Strategy’s board decides to do so and if funds are legally available. If declared, dividends will be paid quarterly, starting September 30, 2025. Investors should know these payments won’t add up over time if missed. No unpaid dividends will accumulate. STRD Stock comes with more than just potential dividends. Strategy will use the raised money for general operations and to buy more Bitcoin. This is consistent with its long-term strategy of holding Bitcoin as a reserve asset. The company also included redemption options…. Read More at Coingape.com

The post Strategy Announces STRD Offering To Facilitate More Bitcoin Purchases appeared first on CoinGape.

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