Michael Saylor’s Strategy is aggressively expanding its Bitcoin holdings, launching STRF ("Strife"), a new perpetual preferred stock, on March 18.
Unlike STRK, STRF has a higher 10% coupon and no common share conversion. Initially targeting $500M, Strategy raised $722.5M, selling 8.5M shares at $85 each. Saylor emphasized the firm’s commitment to Bitcoin, now holding over $42B under his leadership.
