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 is scheduled to settle 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 the underwriting discounts and commissions and Strategy's estimated issuance expenses.
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PumpStrategist
· 06-07 00:10
The level of oscillating upward
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DefiPlaybook
· 06-06 22:24
The fragrant bun is here to Be Played for Suckers.
Reply0
NftMetaversePainter
· 06-06 22:22
Overvalued but algorithmic beauty prevails.
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TommyTeacher
· 06-06 22:17
Isn't this price too expensive?
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CryptoComedian
· 06-06 22:16
Invest two k overnight
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DaoResearcher
· 06-06 22:09
Valuation is on the high side but still acceptable.
Strategy announces the pricing of STRD preferred stock IPO at $85 per share, expecting to raise $980 million.
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 is scheduled to settle 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 the underwriting discounts and commissions and Strategy's estimated issuance expenses.