5x oversubscribed Thats wild. Clearly theres strong appetite for yield especially at 9% monthly. MSTR is playing this game smart raise cash, pay Bitcoin repeat. Lets see if STRC becomes the blueprint for future BTC-backed instruments.

Macoy31

this?

> The issuance and sale of the STRC Stock is scheduled to settle on **July 29, 2025**, subject to customary closing conditions.
>
> [...]
>
> Regular dividends on the STRC Stock will be payable when, as and if declared by Strategy’s board of directors or any duly authorized committee thereof, out of funds legally available for their payment, monthly in arrears on the last calendar day of each calendar month, beginning on **August 31, 2025**.
>
> *https://www.strategy.com/press/strategy-announces-pricing-of-strc-perpetual-preferred-stock_07-25-2025*


BlokchainB

bitcoingecko

Strategy (MSTR) has priced the initial public offering of 28,011,111 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at $90 per share, raising approximately $2.47 billion in net proceeds, according to a 

STRC will accrue cumulative dividends at a variable annual rate on a $100 stated amount per share, with an initial monthly regular dividend rate of 9.00% per annum, payable monthly in arrears beginning August 31. Strategy retains the right to adjust the dividend rate for future periods, subject to restrictions limiting cuts to no more than 25 basis points plus any excess one-month SOFR spread and prohibiting reductions below the prevailing SOFR rate or if prior dividends remain unpaid.

Stacker_Stocks

> Strategy (MSTR) has priced the initial public offering of 28,011,111 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at $90 per share, raising approximately $2.47 billion in net proceeds, according to a [press release](https://www.strategy.com/press/strategy-announces-pricing-of-strc-perpetual-preferred-stock_07-25-2025). Settlement is expected on July 29. 
>
> STRC will accrue cumulative dividends at a variable annual rate on a $100 stated amount per share, with an initial monthly regular dividend rate of 9.00% per annum, payable monthly in arrears beginning August 31. Strategy retains the right to adjust the dividend rate for future periods, subject to restrictions limiting cuts to no more than 25 basis points plus any excess one-month SOFR spread and prohibiting reductions below the prevailing SOFR rate or if prior dividends remain unpaid. 
>
> **[...read more at blockspace.media](https://blockspace.media/insight/strategy-prices-5x-oversubscribed-2-47-billion-strc-offering/)**