Strategy Files New ATM Offering Plans with SEC

Strategy has filed an 8-K document with the SEC, revealing the addition of Moelis & Company, A.G.P./Alliance Global Partners, and StoneX Financial as agents for its at-the-market (ATM) sales agreements. According to Foresight News, the company initiated three new ATM offering plans on March 23. These include a Class A common stock (MSTR) offering with a maximum size of $21 billion, a variable rate perpetual preferred stock (STRC) offering also up to $21 billion, and an 8% perpetual preferred stock (STRK) offering with a maximum size of $2.1 billion. Additionally, the company has increased the authorized shares of STRC preferred stock from 70,435,353 to 282,556,565, while reducing the authorized shares of STRK preferred stock from 269,800,000 to 40,270,744. The previous STRK preferred stock issuance plan was terminated on March 22.