Strategy Announces Plan to Raise $2.1B to Strengthen Bitcoin Holdings: BTC Price Hits New ATH

• Strategy faces a class action lawsuit from the U.S. SEC for allegedly misleading investors on the BTC investment approach.

• Wall Street experts, led by Standard Chartered analysts, expect Bitcoin price to rally beyond $200k by EOY.

Strategy (NASDAQ: STRK) announced on Thursday, May 22, plans to strengthen its Bitcoin (BTC) holdings amid the ongoing bullish sentiment. The company highlighted that it has entered into a sales agreement to sell 10 percent series A perpetual strife preferred stock for $0.001 per share.

As a result, Strategy anticipates raising a total of $2.1 billion through the ATM program over an extended period. The recent announcement follows a similar sales program announced on March 10, 2025, to raise $21 billion for its 8 percent Series A Perpetual Strike Preferred Stock.

Strategy Fuels Bitcoin Price Growth

As Coinpedia previously reported, Strategy has continued to progressively accumulate more Bitcoins on a weekly basis through leveraging global equity markets. Earlier this week, Strategy announced that it had acquired an additional 7,390 BTC to currently hold about 576,230 Bitcoins, which is about 2.74 percent of the assets maximum supply.

The company’s Bitcoin strategy has significantly influenced other global companies, led by MetaPlanet, to adopt a similar strategy. As a result, the Bitcoin’s supply vs demand shock has heavily influenced the ongoing bullish sentiment for BTC price.

After breaking out of a prior all-time high on Wednesday, BTC price extended its gains on Thursday to reach a new peak of about $111.9k. As a result, Wall Street experts forecast a continued Bitcoin growth in the coming weeks. For instance, Standard Chartered analysts expect Bitcoin price to reach $120,000 by the end of Q2, and $200,000 by late 2025.The bullish crypto sentiment is favored by the improving crypto regulatory environment in the United States, especially through the GENIUS Act.