Strategy (previously MicroStrategy) has just announced that it raised $427 million in just one week by selling corporate shares via the distribution of MSTR, STRK, and STRF shares through ATM offerings accounts to buy 4,020 additional Bitcoins. Now, MicroStrategy holds 580,250 BTC.

MicroStrategy uses an approach known as "at-the-market" (ATM) offerings to sell several types of company stock—MSTR, STRK, and STRF—directly to investors. MSTR is their common stock, while STRK and STRF are preferred stock that pay annual interest at 8% and 10%, respectively.

Thus, MicroStrategy can raise cash by selling shares without taking on traditional debt. They then use that cash to purchase Bitcoin, which they believe is a better long-term investment than cash.

MicroStrategy issued its first preferred stock, STRK, in early 2025. The offering was priced on January 30, 2025, and the shares then began trading on the Nasdaq under the ticker STRK on February 1, 2025. Per the company's announcement , MicroStrategy then issued another preferred stock, STRF, with the offering priced on March 20, 2025.

The software company has often been criticized for putting too much risk in one basket. Saylor has borrowed billions of dollars to buy Bitcoin.

If Bitcoin falls below a specific price threshold, the company might not repay its loans or interest, depending on the debt terms (some debt deals contain strict clauses).

Even more controversial than borrowing money to buy Bitcoin , MicroStrategy is 100% invested in Bitcoin instead of diversifying its resources to different investment areas.

Peter Schiff said that if Bitcoin crashes, the company could lose billions of dollars and possibly go bankrupt . But Saylor has reiterated that even if Bitcoin crashes , lenders cannot force MicroStrategy to sell its Bitcoin quickly because there will be no margin call. Saylor thinks they won't panic-sell no matter how low Bitcoin goes.

At press time, Bitcoin is trading at $109,797.03 , as per Kraken's price feed.

Saylor makes another silent weekend move first appeared on TheStreet on May 26, 2025