The firm has revealed the pricing for its latest round of perpetual preferred stock ahead of announcing further Bitcoin (BTC) acquisitions.
The recent preferred stock offering is priced at $85 per share, featuring a 10% coupon, and is expected to generate around $711 million in revenue for the company.
Market analyst Jesse Myers noted that the annual 11.8% dividend from this new offering indicates that the firm may attract investors from the bond market, which only offers about 4.2% interest.
The latest acquisition of Bitcoin took place on March 17, when the company purchased 130 BTC, valued at approximately $10.7 million, bringing its total Bitcoin holdings to 499,226 BTC, worth around $41.8 billion.
This latest purchase marked the company’s smallest recorded acquisition and followed a three-week hiatus in purchasing. Nevertheless, the firm’s co-founder has indicated plans to increase debt and equity sales to support further Bitcoin acquisitions.
The company’s Bitcoin purchases so far in 2025.
Related: Push for government acquisition of Bitcoin supply.
Seeking new funding for Bitcoin acquisitions
On March 10, the firm disclosed plans to periodically sell shares of its 8% Series A perpetual preferred stock with an aim to raise an additional $21 billion for Bitcoin purchases.
On March 18, it moved forward with this plan by announcing a tranche of 5 million shares in the Series A preferred stock to generate extra capital.
According to data from SaylorTracker, the firm remains up approximately 26% on its overall investment and holds over $8.6 billion in unrealized gains, despite recent market fluctuations.
However, shares have experienced a decline of over 26% since their peak in January 2025, and have plummeted more than 44% since reaching an all-time high of roughly $543 on November 21.
Price trends and analysis.
Currently, shares are trading at about $299, showing a recovery of 29% from a recent low of $231 recorded on March 11.
The inclusion of the firm in the Nasdaq 100, which tracks the top 100 companies by market capitalization on that tech-focused exchange, has helped bring in fresh capital but also subjected it to wider downturns in the tech marketplace.
Magazine: Examining the intersection of crypto and traditional finance.