Strategy, formerly known as MicroStrategy, announced plans to raise up to $500 million by issuing a new form of perpetual preferred stock called Strife. Each share will be priced at $100, yielding a 10% fixed rate of return exclusively for institutional investors. This offering is distinct from its previous Strike offering, which provided 0% interest. Strategy's recent purchase increased its Bitcoin holdings by 0.026%, totaling approximately $10.7 million worth, or about $41.4 billion. Despite challenging market conditions making it harder to raise funds, analysts anticipate that Strategy’s Bitcoin acquisitions may slow down soon. The company's stock saw a 6.5% drop following the announcement. Still, shares have doubled in value over the past six months, and co-founder Michael Saylor believes Bitcoin will rebound significantly once macro conditions improve.

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