News View Non-AMP

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

Published by
Steve Muchoki

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.

Steve Muchoki

Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

Recent Posts

Trending Alternative Crypto to Dogecoin (DOGE) Set to Turn $650 into $65,000 in 4 Months

Few tokens have stirred as much chaos and charm as Dogecoin. What started as a…

July 4, 2025

Top 2 Cryptos Under $0.10 to Buy in July, Both Tipped to Double

With July heating up, the spotlight is shifting to lesser-known tokens under $0.10 that offer…

July 4, 2025

Bitcoin Sets the Macro Tone, But Lightchain AI Sets the Fire That Smaller Investors Are Running Toward

Bitcoin continues to set the macro tone for the cryptocurrency market, influencing broad investor sentiment…

July 4, 2025

Ethereum Holds Its Rank, But Lightchain AI Holds the Heat With Tactical Movement Into Final Presale Stage

Ethereum continues to hold its rank as a leading blockchain platform, maintaining strong developer engagement…

July 4, 2025

Analysts Predict Major July Explosion for Neo Pepe Coin ($NEOP) Among Best Crypto Meme Coins

Crypto Presales Heat Up—High-Utility Coins Dominate As July unfolds, crypto markets are abuzz with growing…

July 4, 2025

Russia to launch Its Own Ruble-backed Stablecoin, RT-Pay Payment Platform

Russia’s state-owned technology giant Rostec is stepping into the digital finance space with big plans.…

July 4, 2025