Strategy (NASDAQ: STRK) Announces Plans to Strengthen Its Bitcoin (BTC) Holdings

The company highlighted that it has entered into a sales agreement to sell 10 percent series A perpetual strife preferred stock for $0.001 per share.

Strategy (NASDAQ:STRK) has announced plans to strengthen its Bitcoin (BTC) holdings amid the ongoing bullish sentiment, aiming to capitalize on the prevailing market conditions and diversify its investment portfolio further.

The company, known for its substantial cryptocurrency ventures, disclosed that it has entered into a sales agreement to sell 10 percent series A perpetual strife preferred stock for $0.001 per share. This move is part of an extended covered warrant program (ATM) that Strategy plans to use to fund its operations and invest in new opportunities.

As a result of this initiative, Strategy anticipates raising a total of $2.1 billion through the ATM program over an extended period. The recent announcement follows a similar sales program announced on March 10, 2025, to raise $21 billion for its 8 percent Series A Perpetual Strike Preferred Stock.

Strategy's actions come at a time when Bitcoin price has been performing exceptionally well, recently breaking out of a prior all-time high and continuing to extend its gains.

As Coinpedia previously reported, Strategy has continued to progressively accumulate more Bitcoins on a weekly basis through leveraging global equity markets. Earlier this week, Strategy announced that it had acquired an additional 7,390 BTC to currently hold about 576,230 Bitcoins, which is about 2.74 percent of the assets maximum supply.

The company's Bitcoin strategy has significantly influenced other global companies, led by MetaPlanet, to adopt a similar strategy, which has contributed to the prevailing bullish sentiment for BTC price.

After breaking out of a prior all-time high on Wednesday, BTC price extended its gains on Thursday to reach a new peak of about $111.9k, further fueled by the bullish predictions from Wall Street experts.

Standard Chartered analysts forecast that Bitcoin price could hit $120,000 by the end of Q2 and $200,000 by late 2025. Additionally, the improving crypto regulatory environment in the United States, especially through the GENIUS Act, favors the continuation of the bullish crypto sentiment.