PANews reported on February 10 that according to the Form 8-K filed by Strategy (formerly MicroStrategy), between February 3, 2025 and February 9, 2025, the company sold a total of 516,413 shares according to the Sales Agreement signed on October 30 last year, and the total net proceeds (after deducting sales commissions) were approximately US$179 million. As of February 9, 2025, there are still approximately US$4.17 billion of shares available for issuance and sale according to the Sales Agreement.
Additionally, on February 5, 2025, the Company completed its previously announced public offering of 7,300,000 shares of 8.00% Series A Perpetual Exercisable Preferred Stock (the "STRK Offering") at a public offering price of $80.00 per share. The Company expects net proceeds from the STRK Offering to be approximately $563.4 million, after deducting underwriting discounts and commissions and the Company's estimated offering expenses.
Earlier today, it was reported that Strategy spent US$742.4 million to increase its holdings of 7,633 bitcoins .
