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Strategy Announces New $21 Billion STRC ATM Program and $21 Billion MSTR ATM Program

The company said it is launching two at-the-market offerings, one tied to STRC and another to MSTR, expanding its capital-raising capacity.

Summary

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Terms & Concepts
  • ATM program: An at-the-market offering lets a company sell securities into the public market over time at prevailing prices.
  • MSTR: MSTR is the Nasdaq stock ticker for Strategy, the company formerly known as MicroStrategy.
  • STRC: STRC appears in the announcement as a Strategy-linked security referenced in the new at-the-market program.