MicroStrategy’s Bold New Move: ’StrategyB’ Aims to Raise $4.2B for Bitcoin Buying Spree

Wall Street's favorite crypto-obsessed software firm is doubling down—again. MicroStrategy's newly unveiled 'StrategyB' subsidiary plans to turbocharge its bitcoin hoard with a $4.2 billion capital raise. Because when your treasury holds 200,000 BTC, what's a few billion more?

The corporate bitcoin playbook gets wilder

Forget ETFs—this is corporate balance sheet maximalism. While BlackRock and Fidelity court retail investors, MicroStrategy's successor entity is playing institutional hardball. The proposed raise would eclipse their 2024 convertible note offering, signaling unshakable conviction (or reckless FOMO) in bitcoin's long-game.

Goldman analysts whisper about 'asymmetric risk.' Crypto Twitter screams 'laser eyes activate.' Meanwhile, the SEC quietly updates its 'How to Classify This Madness' flowchart. One thing's clear: in the race to corner the digital gold market, Michael Saylor's disciples aren't hitting the brakes—they're building a rocket sled.

Bonus jab: Because nothing hedges against inflation like levering up your tech company to buy volatile crypto assets at all-time highs.

• StrategyB plans to raise $4.2B through STRC stock to fund further Bitcoin purchases.
• The firm increased its BTC holdings to 628,800, totaling 3% of Bitcoin’s circulating supply.
• STRC shares are Nasdaq-listed with $100 liquidation preference and $94.50 market price.

StrategyB, the successor to MicroStrategy, has filed a proposal supplement for a $4.2 billion preferred stock offering, confirming its continued focus on Bitcoin accumulation. The company, led by Michael Saylor, disclosed the move in a July 31, 2025, filing with the U.S. Securities and Exchange Commission (SEC), outlining the terms of its new Variable Rate Series A Perpetual Stretch Preferred Stock, listed under the ticker “STRC” on the Nasdaq Global Select Market.

According to the filing, StrategyB entered into a Sales Agreement with five financial firms, TD Securities (USA) LLC, Barclays Capital Inc., The Benchmark Company, LLC, Clear Street LLC, and Morgan Stanley & Co. LLC.

MICHAEL SAYLOR JUST WENT NUCLEAR ON BITCOIN

His firm (now “Strategy”) is rewriting corporate playbooks:

• Q2 net income: $10B – more than any S&P 500 company
• Raising $4.2B via STRC preferred stock
• Every dollar going into more BTC
• BTC stash jumped from 499K →… pic.twitter.com/hHuv5WDbzW

These firms will act as agents in facilitating the sale of STRC Stock. The agreement permits StrategyB to offer shares totaling up to $4.2 billion. Sales may occur through various legal means, including at-the-market offerings, block trades, or negotiated transactions, under Rule 415(a)(4) of the Securities Act of 1933.

The agents involved are not bound to sell a fixed number of shares. Instead, they will operate under standard trading conditions agreed upon with StrategyB. For their role, agents may receive up to 2% of gross proceeds as compensation, which may also be classified as underwriting commissions per securities regulations.

Nasdaq Listing and Share Terms

STRC Stock is actively traded on the Nasdaq Global Select Market. As of July 30, 2025, the last reported sale price per share stood at $94.50. The stock carries an initial liquidation preference of $100 per share, which may be adjusted downward as specified in the base prospectus issued on January 27, 2025.

The current offering supplements the 28,011,111 STRC shares that were outstanding at the time of filing. Beginning August 15, 2025, the first dividend record date, any future issuances of STRC Stock under this offering will share the same CUSIP number and will be fully fungible with existing shares.

StrategyB has made it clear that proceeds from this stock issuance will be directed entirely toward bitcoin purchases. The company expanded its Bitcoin holdings significantly in the previous quarter, increasing its total from 499,000 to 628,800 BTC. According to firm disclosures, this increase equates to approximately 3% of the total circulating Bitcoin supply.