Michael Saylor's Strategy has successfully completed a $2.5 billion stock offering through STRC, a new class of perpetual preferred stock that offers a floating monthly dividend starting at 9%. The funds raised will be used to purchase 21,021 BTC at an average price of $117,256, boosting the company's total Bitcoin holdings to approximately 628,791 BTC, valued at over $74 billion. The STRC shares will begin trading on the Nasdaq soon, marking a significant fundraising achievement that surpasses previous offerings. Observers note that this offering appeals to retail income investors by providing exposure to Bitcoin without the volatility of direct investments. The successful execution of this model positions Strategy as a leader in the digital asset treasury framework, leveraging its established credibility and financing capabilities to attract institutional interest. As digital asset treasury companies strive to emulate this model, they face challenges in building credibility and access to financial tools necessary for success. The demand for structured products, like STRC, reflects a growing appetite among institutions for Bitcoin exposure packaged in traditional investment formats.

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