2026-11-07 14:13:46
Michael Saylor's Stretch Raises $2.521B, Buys 21,021 BTC in July 2025
According to Michael Saylor, Strategy's Stretch completed its initial offering in July 2025, raising approximately $2.521 billion. The perpetual preferred stock listed on Nasdaq used net proceeds to purchase 21,021 Bitcoin. Stretch operates with a monthly dividend rate policy set by the board of