Strategy Announces IPO of STRD Stock, Plans to Use Proceeds for Bitcoin Acquisition

The offering is set to be registered under the Securities Act of 1933 and is subject to market conditions and other regulatory approvals.

According to the company’s June 2 press release, Strategy intends to use the proceeds from the IPO for general corporate purposes, which notably include the acquisition of BTC and funding for working capital.

The STRD stock will carry a non-cumulative dividend yield of 10.00% per annum on the stated value, although dividends are not guaranteed.

Payments will only be made out of legally available funds and must be declared by the board of directors or an authorized committee. If declared, dividends will be paid quarterly on March 31, June 30, September 30, and December 31, starting from September 30, 2025.

Importantly, no interest or arrears will accrue for missed payments since the dividends are non-cumulative. This means shareholders are not entitled to back payments if dividends are skipped in any quarter.

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The company emphasized that declared dividends will be paid in cash as outlined in the offering’s prospectus supplement.

This offering continues Strategy’s aggressive capital market initiatives aligned with its long-standing focus on Bitcoin as a strategic treasury asset.

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