Strategy tops up capital-raising plans, bringing potential bitcoin buying power back to $42 billion
Expanded share issuance plans and new Wall Street partners boost capital raising firepower.
By James Van Straten, AI Boost|Edited by Stephen Alpher Mar 23, 2026, 2:58 p.m.
Make us preferred on Google
What to know:
- Strategy unveiled a new $42 billion capital-raising program split between $21 billion in common stock and $21 billion in STRC preferred stock.
- Additionally, the company could raise $2.1 billion via its STRK preferred series.
- The company still had around $30 billion available to sell across existing programs, and last week bought an additional 1,019 bitcoin.
Strategy (MSTR) has unveiled a $42 billion at the market (ATM), equity program, split between $21 billion of Class A common stock (MSTR) and $21 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing.
The company also introduced a new $2.1 billion ATM for its STRK preferred stock, replacing a prior STRK program that had more than $20 billion remaining.
The company expanded its sales syndicate. Strategy added Moelis & Company, A.G.P./Alliance Global Partners, and StoneX Financial, bringing the total number of agents to 19. These firms act as intermediaries, selling shares into the market over time, allowing the company to raise capital gradually rather than through large, one-time offerings.
As of March 22, Strategy still had capacity remaining on its existing ATM programs. This included approximately $6.24 billion of common stock, $1.98 billion of STRC, $20.33 billion of STRK, and $1.62 billion of STRF available for issuance.
The company last week purchased another 1,031 bitcoin, bringing holdings up to 762,099 coins. Shares are modestly higher on Monday as bitcoin trades up slightly from the Friday close at $71,300.
MicroStrategyBitcoin NewsAI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.More For You
Bitcoin's wild roller coaster ride leaves leveraged traders with $415 million in liquidations
By Shaurya Malwa|Edited by Aoyon Ashraf2 hours ago
Bitcoin swung from $67,500 to $71,200 and back to $70,000 in a single session as Trump said he was postponing Iran strikes, then Iran denied any communication was taking place.
What to know:
- More than $400 million in crypto positions were liquidated in four hours on Monday as traders were whipsawed by conflicting headlines about U.S.-Iran tensions.
- Bitcoin briefly surged from about $67,500 to above $71,200 after Donald Trump claimed he had ordered a five-day pause on strikes against Iranian power plants, then quickly pared gains when Iran denied any communication.
- The liquidations, led by bitcoin, ether and tokenized oil contracts, underscored how derivatives-heavy markets can turn modest net price moves into severe losses for leveraged traders when news shifts rapidly.

Pharmaceutical firm pivots to stablecoins, holds nearly 9% of SKY's supply
35 minutes ago
Backpack launches BP token on Solana with 25% airdrop, no insider allocation
1 hour ago
CoinDesk 20 performance update: Bitcoin Cash (BCH) gains 2.3%, leading index higher
1 hour ago
Tom Lee's Bitmine extends buying streak with $138 million ETH purchase, betting on crypto slump ending
2 hours ago
Bitcoin's wild roller coaster ride leaves leveraged traders with $415 million in liquidations
2 hours ago
H100 eyes Europe’s largest bitcoin treasury with 3,500 BTC in proposed acquistions
2 hours agoTop Stories
Bitcoin surges above $71,000 as Trump postpones Iran strikes for 5 days
3 hours ago
Strategy returns to 'small' bitcoin purchases, adding $76.6 million in BTC last week
2 hours ago
Polymarket traders bet on Iran ceasefire even as oil shock concerns persist
3 hours ago
Bitcoin clings to monthly gains, historic losing streak still in play
4 hours ago
Brazil’s finance minister delays divisive crypto tax plan
3 hours ago