Investors saw renewed focus on how the strategy mstr stock capital plan could reshape the companys approach to bitcoin accumulation and balance-sheet management. Strategy (MSTR) has launched a massive $42 billion at-the-market ( ATM equity program ) that rebuilds its potential bitcoin buying power. The plan splits evenly between $21 billion of Class A common stock (MSTR) and $21 billion of Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing .