Taurus4BTC on Nostr: Strategy has made a major shift in its Bitcoin funding model. They used preferred ...
Strategy has made a major shift in its Bitcoin funding model. They used preferred stock as the primary vehicle for the first time, raising $1.18 billion to buy 22,337 BTC.
22,337 BTC purchased last week, the fifth largest acquisition on record. $1.57 billion worth of Bitcoin added. Total holdings now: 761,068 BTC.
This was the first time Strategy used perpetual preferred stock as primary funding. $396 million raised via common stock ATM program. Preferred stock issuance now exceeds common stock.
STRC carries an 11.5% dividend rate. That's $135 million in annual dividend obligations from this issuance alone. Total annual dividend obligations now exceed $1 billion. Company has set aside $2.25 billion in USD reserves to fund dividends.
MSTR common stock is down more than 70%. Company incentivized to support share price without further dilution. STRC avoids issuing new common shares.
The playbook is evolving, from dilution to dividends.
Published at
2026-03-18 01:36:52 UTCEvent JSON
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"content": "Strategy has made a major shift in its Bitcoin funding model. They used preferred stock as the primary vehicle for the first time, raising $1.18 billion to buy 22,337 BTC.\n\n22,337 BTC purchased last week, the fifth largest acquisition on record. $1.57 billion worth of Bitcoin added. Total holdings now: 761,068 BTC.\n\nThis was the first time Strategy used perpetual preferred stock as primary funding. $396 million raised via common stock ATM program. Preferred stock issuance now exceeds common stock.\n\nSTRC carries an 11.5% dividend rate. That's $135 million in annual dividend obligations from this issuance alone. Total annual dividend obligations now exceed $1 billion. Company has set aside $2.25 billion in USD reserves to fund dividends.\n\nMSTR common stock is down more than 70%. Company incentivized to support share price without further dilution. STRC avoids issuing new common shares.\n\nThe playbook is evolving, from dilution to dividends.\nhttps://blossom.primal.net/dd6089ecf7ec2c02406d5522413cec3da1269a4988389024ae7053ec57807cc4.jpg",
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