The Michael Saylor-LES Strategy (MSTR) is set to report second-quarter profit of $140.5 billion with more than 500,000 coins of Bitcoin holdings as BTC prices rose from around $82,000 to $108,000 over the three months ended June 30th.
According to an application Monday morning, during the second quarter, T raised $6.8 billion through various capital market activities, including offering preferred stock and market sales of Class A common stock. As of June 30, the strategy maintained significant capacity for future issuance, saying it was $18.1 billion under the Common ATM in 2025, $20.5 billion under the STRK ATM and $1.9 billion under the STRF ATM.
Then on Monday morning, the strategy announced it had concluded a sales agreement. This allowed the company to issue and sell $4.2 billion of its 10% Series A Perpetual Stride preferred shares known as STRD under the market offering program.
The strategic plan sells STRD stocks over time, taking into account the trading price and quantity for each sale. Revenue from the ATM program is allocated for general corporate purposes, including the acquisition of Bitcoin
8.00% Series A permanent strike preferred stock, which supports working capital needs and may pay dividends to holders of 10% Series A permanent contest preferred stock.
STRD shares have grown 6% since their launch on June 11th. MSTR is 1.2% lower in pre-market trading on Monday, as Bitcoin has been trading at $108,300 since late last week, slipping through its hair.
