Strategy may sell preferred stock to raise $300 million to continue acquiring Bitcoin.

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On March 9, Cointelegraph reported that Michael Saylor's Strategy may raise $300 million in the coming weeks by selling preferred stock STRC to purchase more Bitcoin.

It is reported that STRC was launched in July 2025 as a yield-generating financing tool. It maintains the stock price close to $100 through a variable monthly yield (currently 11.50% annualized) and has helped the company accumulate Bitcoin holdings worth approximately $50 billion.

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