Strategy Acquires 22,337 BTC Using STRC Stock Issuance

Strategy announced the acquisition of 22,337 BTC last week, utilizing $1.18 billion from its STRC perpetual preferred stock issuance as the primary funding source. According to NS3.AI, the company also raised $396 million through its common stock at-the-market program, which had been its main tool for funding Bitcoin purchases. The article notes that pricing pressure on STRC following its March 15 ex-dividend date might prompt Strategy to consider a further 25 basis point dividend increase.