Strategy Incorporated (formerly MicroStrategy) has announced a $250 million public offering of its 10% Series A Perpetual Stride Preferred Stock (STRD) to fund further Bitcoin acquisitions and enhance liquidity. The offering includes 2.5 million shares, each with a non-cumulative 10% annual dividend, payable quarterly starting September 30, 2025, contingent upon board declaration . Proceeds are earmarked for purchasing approximately 2,351.8 BTC, reinforcing Strategy's position as the largest corporate holder of Bitcoin, with holdings recently surpassing 580,000 BTC . This marks Strategy's third preferred stock issuance in 2025, following the successful STRK and STRF offerings .