Strategy Upsizes Fundraising to Nearly $1B to Buy More Bitcoin

Strategy has significantly increased the size of its latest fundraising round, announcing plans to raise $979.7 million—up from the original $250 million—through the sale of STRD (Strike Perpetual Preferred Stock) shares to institutional investors. The company shared the news in a tweet on Friday, confirming the shares will be issued on June 10.

According to the official press release, the capital raised will be allocated toward further Bitcoin acquisitions. This move aligns with Strategy’s aggressive investment approach, as the firm continues to double down on its BTC holdings.

Following recent purchases, Strategy now holds an impressive 580,955 BTC, currently valued at over $61.3 billion. The strategic decision to convert fundraising capital into Bitcoin reinforces the company’s long-standing bullish stance on the leading cryptocurrency.

By targeting institutional investors for this round, Strategy signals growing confidence from traditional financial markets in Bitcoin as a long-term asset. The increased fundraising amount suggests strong demand and a positive response from the investment community.

The move also positions Strategy as one of the most influential institutional holders of Bitcoin, second only to a few major players. With Bitcoin continuing to gain traction as a store of value and hedge against inflation, Strategy’s commitment further legitimizes BTC’s role in modern portfolio strategies.

The STRD share issuance and Bitcoin acquisition will be closely watched by both crypto enthusiasts and institutional investors, as it could influence broader market sentiment and signal future trends in corporate Bitcoin adoption. As the June 10 issuance date approaches, all eyes will be on Strategy and the market reaction to one of the largest Bitcoin-driven fundraising efforts to date.