Strategy announces IPO of STRD stock to be registered under the Securities Act of 1933.
Proceeds will be used for general corporate purposes, including the acquisition of Bitcoin and working capital.
STRD stock offers a non-cumulative dividend yield of 10.00% per annum, with quarterly payments starting from September 30, 2025.
Dividends will be paid out of legally available funds if declared by the board of directors or authorized committee, with no back payments for missed dividends.