Strategy Inc. Launches New Stock Offering Programs for up to $44.1 Billion

Strategy Inc. announced the establishment of new at-the-market (ATM) equity offering programs for its Class A common stock and two series of its perpetual preferred stock. The company may sell securities with an aggregate offering price of up to $44.1 billion from time to time through an expanded group of sales agents.

Key Details

• New ATM Programs: The company may sell up to $21.0 billion of its Class A common stock, up to $21.0 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and up to $2.1 billion of its 8.00% Series A Perpetual Strike Preferred Stock (STRK).
• Sales Agreement Update: On March 23, 2026, the company added Moelis & Company, A.G.P./Alliance Global Partners, and StoneX Financial Inc. as sales agents under its Omnibus Sales Agreement. The prior offering for STRK Preferred Stock was terminated effective March 22, 2026.
• Share Authorization Changes: To facilitate the offerings, the company increased the number of authorized STRC preferred shares from approximately 70.4 million to 282.6 million and decreased the authorized STRK preferred shares from 269.8 million to 40.3 million.