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Strategy to Launch IPO for Stretch Preferred Stock, Raise Funds for Bitcoin and General Corporate Purposes
ByAinvest
Tuesday, Jul 22, 2025 3:26 am ET1min read
Strategy announces an initial public offering of 5M shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Net proceeds from the offering will be used for general corporate purposes, including bitcoin. The company plans to launch the IPO, which will be listed on NASDAQ.
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