Strategy ATM Equity Program fund
Overview
Strategy's at-the-market (ATM) equity program is the mechanism the company uses to sell newly issued shares gradually into the open market and convert the proceeds into bitcoin. It has been run across both Class A common stock (MSTR) and preferred instruments such as the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and forms part of Strategy's broader multi-year capital plan combining equity and convertible debt issuance to fund bitcoin purchases. Individual ATM tranches are disclosed in SEC filings, which report share sales, net proceeds and the bitcoin bought with them.
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Frequently asked questions
What is Strategy ATM Equity Program?
Strategy ATM Equity Program is an other tracked in the DeFi Intel knowledge graph.
What type of entity is Strategy ATM Equity Program?
Strategy ATM Equity Program is classified as an other (fund) in the DeFi Intel knowledge graph.
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