Strategy's 2025 Fundraising Achieves $7.4 Billion Through Digital Credit Tools

Strategy announced that in 2025, the company raised approximately $7.4 billion through its perpetual preferred stock tools, known as digital credit. According to Odaily, the company has distributed a total of $413 million in payouts. The announcement detailed that Strategy completed five IPOs of digital credit tools in 2025, raising around $5.5 billion. Additionally, an extra $1.9 billion was raised through an ATM (at-the-market) program. These tools have a weighted annual dividend rate of approximately 9.6%. Strategy also stated that, for U.S. federal income tax purposes, the payouts made to preferred stock tools in 2025 are considered tax-free capital returns, as long as they do not exceed the shareholder's corresponding tax basis. The company anticipates that these payouts will continue to be regarded as capital returns for the foreseeable future, potentially for 10 years or more.