Strategy filed an 8-K on March 23, outlining plans to raise up to $21 billion through the issuance of common stock and $21 billion in STRC preferred stock via an ATM program. Additionally, the company intends to issue up to $2.1 billion in STRK preferred stock. At the same time, the authorized shares for STRC preferred stock will be increased from approximately 70.43 million shares to about 283 million shares, while the authorized shares for STRK preferred stock will be decreased from approximately 270 million shares to about 40.27 million shares.

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