PANews reported on March 21 that according to an official announcement, Strategy increased the issuance scale of STRF Series A perpetual preferred shares from US$500 million to US$722.5 million, with an issue price of US$85 per share and an annual interest rate of 10%. It is expected to be settled on March 25, with a net fundraising of approximately US$711 million, which will be used to purchase Bitcoin and general operations. STRF has a quarterly cash dividend mechanism, and overdue interest will be compounded, with the highest annualized interest rate reaching 18%. This time, it was underwritten by Morgan Stanley, Citigroup, etc., marking that Strategy continues to promote the "Bitcoin Vault" strategy.