Strategy Announces $4.2 Billion ATM Program to Fuel Bitcoin Acquisition and More
Strategy will utilize a significant part of the ATM proceeds to purchase more Bitcoin.
In a bold move to expand its digital asset holdings, American business intelligence firm Strategy has announced its plans to launch a $4.2 billion at-the-market (ATM) program.
In a statement released on Monday, the platform announced that the ATM program will issue shares of its 10.00% Series A Perpetual Stride Preferred Stock, with an aggregate offering price of up to $4.2 billion. Each share of STRD Stock will have a minimum issue price of $0.001.
The purpose of Strategy’s ATM program is to raise capital for general corporate purposes, including working capital. Maintaining its title as the world’s largest corporate Bitcoin (BTC) holder, it will allocate a substantial portion of the raised capital towards acquiring more Bitcoin.
In addition, Strategy may utilize the net proceeds to fulfill dividend payments to holders of its preferred stock, specifically the 10.00% Series A Perpetual Strife Preferred Stock and the 8.00% Series A Perpetual Strike Preferred Stock. The two stocks will have a minimum value of $0.001 per share.
Strategy’s Stock Sale
The platform intends to conduct sales of the preferred stock in a strategic and controlled manner, spreading it out over an extended period. According to the statement, Strategy will also carefully consider current market conditions, including the stock’s trading price and volume at the time of each sale.
Outlining the terms for STRD Stock sale, Strategy stated, “The sale of STRD Stock under the ATM Program is only offered pursuant to a prospectus supplement, filed with the Securities and Exchange Commission on July 7, 2025 under the existing automatic shelf registration statement, which became effective on January 27, 2025 (File No. 333-284510), and the base prospectus contained therein.”
The business intelligence firm also added that it will conduct the sale of its STRD Stock through approved agents or other authorized methods. Strategy will also not sell its stock in restricted areas.
Strategy Maintains Its Bullish Stance
Since becoming the world’s first corporate Bitcoin (BTC) holder, Strategy has continued to stack up its Bitcoin treasury reserve through a series of aggressive purchases. Following its latest purchase of 4,890 bitcoins, Strategy now holds 597,325 BTC worth about $42.40 billion.
