According to financial reports, Strategy announced the pricing of the STRD stock IPO, which consists of 11,764,700 shares of 10.00% Series A perpetual Stride preferred stock, with a public offering price of $85.00 per share. The issuance and sale of STRD stock are scheduled for settlement on June 10, 2025, subject to customary closing conditions. Strategy estimates that the net proceeds from this issuance will be approximately $979.7 million, after deducting underwriting discounts and commissions as well as Strategy’s estimated issuance expenses.
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Strategy announced the IPO pricing of STRD stock. Series A preferred shares are priced at $85 per share.
According to financial reports, Strategy announced the pricing of the STRD stock IPO, which consists of 11,764,700 shares of 10.00% Series A perpetual Stride preferred stock, with a public offering price of $85.00 per share. The issuance and sale of STRD stock are scheduled for settlement on June 10, 2025, subject to customary closing conditions. Strategy estimates that the net proceeds from this issuance will be approximately $979.7 million, after deducting underwriting discounts and commissions as well as Strategy’s estimated issuance expenses.