Strategy Plans $2.1 Billion ATM Preferred Stock Offering

Strategy, a leading financial services company, has unveiled plans to issue up to $2.1 billion in perpetual preferred stock through an at-the-market (ATM) offering. This strategic move is aimed at bolstering the company's financial flexibility and optimizing its capital structure. The offering, which will be conducted in line with a prospectus supplement filed with the relevant regulatory authorities, allows Strategy to sell shares at prevailing market prices, offering a more efficient capital-raising mechanism compared to traditional underwritten offerings.

The ATM program is structured to provide investors with the opportunity to purchase preferred stock at market prices, which can be particularly beneficial during periods of market volatility. This approach enables Strategy to access the market as favorable conditions arise, rather than being limited by a fixed offering price. The perpetual nature of the preferred stock means it does not have a maturity date, ensuring a stable and continuous source of capital for the company.

This significant capital raise underscores Strategy's dedication to maintaining a strong financial position. By securing up to $2.1 billion through this ATM program, the company aims to fortify its balance sheet and support its ongoing operations and growth initiatives. The raised capital can be allocated to various strategic areas, including investments in new technologies, market expansions, and potential acquisitions.

The decision to opt for an ATM offering reflects Strategy's proactive approach to capital management. This method allows the company to raise funds in a more flexible and efficient manner, aligning with its long-term strategic objectives. The perpetual preferred stock offering is a clear indication of Strategy's confidence in its future prospects and its ability to navigate the ever-changing financial landscape.

In summary, Strategy's announcement of an up to $2.1 billion ATM preferred stock offering marks a pivotal moment in the company's financial strategy. This initiative not only provides the necessary capital to support growth but also demonstrates the company's commitment to maintaining a robust financial position. The perpetual nature of the preferred stock and the flexibility of the ATM program make this offering a strategic choice for Strategy, positioning the company for sustained success in the financial services industry.