
"Strategy is estimated to have purchased approximately 2,110 bitcoin, funded by fresh proceeds from its STRC perpetual preferred stock program, continuing the firm's relentless accumulation of the world's largest cryptocurrency."
"The latest bitcoin purchase was funded with proceeds from STRC, the company's 11.5% annual yield perpetual preferred stock, which Strategy uses to raise capital for bitcoin purchases without diluting common stockholders at the same rate. The stock recently returned to its $100 par value, a key threshold that reopened the door for fresh issuance under the company's at-the-money program."
"On May 11, Strategy disclosed it had raised $206 million through the STRC program by selling 2.12 million shares, with the stock recording nearly $445 million in daily trading volume on that day. As Bitcoin.com News reported Monday, Strategy had already purchased 535 bitcoin for $43 million the previous week at an average price of $80,340 per coin."
"The purchase comes as Saylor has been navigating some public controversy, given that he very recently appeared to signal that Strategy might sell bitcoin to fund dividends, a departure from his long-running never sell position. He later clarified the remarks we"
Strategy is estimated to have purchased approximately 2,110 bitcoin on May 13, funded by fresh proceeds from its STRC perpetual preferred stock program. The company raised $206 million in May 2026 by issuing 2.12 million shares near the $100 par value. Total bitcoin holdings are estimated near 820,000 BTC, acquired at an average cost around $75,540 per coin. The STRC program provides an 11.5% annual yield perpetual preferred stock structure used to raise capital for bitcoin purchases without diluting common stockholders at the same rate. The stock returning to $100 par value reopened issuance under an at-the-money program. The purchase follows a prior week acquisition of 535 bitcoin for $43 million.
#bitcoin-accumulation #strategy-company #strc-perpetual-preferred-stock #capital-raising #saylor-dividends-controversy
Read at news.bitcoin.com
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