Strategy Expands Offering Program to Raise $44.1 Billion

Strategy has announced an expansion of its at-the-market offering program, aiming to raise up to $44.1 billion. According to NS3.AI, the plan involves issuing $21 billion in additional common stock and $21 billion in new perpetual preferred stock under the ticker STRC. Additionally, Strategy has introduced a new stock class, STRK, which features cumulative dividends and an optional conversion to common stock.