Bitcoin Miner MARA Taps Two Prime to Unlock Value From 500-BTC Corporate Treasury
Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock
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James Van Straten
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By James Van Straten, AI Boost
Updated May 22, 2025, 1:12 p.m. Published May 22, 2025, 12:37 p.m.
- Shares to be sold over time via “at the market” offerings under SEC Rule 415(a)(4), with flexibility for negotiated or block trades.
- Net proceeds will be allocated to general corporate purposes, including potential bitcoin purchases and operational funding.
Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion.
Strategy plans to sell the shares over a period of time, based on market conditions.
STORY CONTINUES BELOW
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Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Parikshit Mishra contributed reporting.
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
