#equity-raise

#equity-raise

Adjusted EBITDA -- $12 million, representing a 61% increase year over year, driven by cost management and digital growth. Adjusted EBITDA Margin -- 9.4%, up from 5.3%, highlighting improved profitability. Equity Investment -- $50 million in gross proceeds was raised via private placement at $3.25 per share, materially strengthening the balance sheet. Interest Rate Reduction -- The credit agreement was amended to lower the interest rate on $455 million of debt from 9% to 5% for five years, generating an estimated $18 million in annual interest savings and up to approximately $90 million over five years.

Strategy has announced an acquisition of 4,980 Bitcoin for approximately $531.9 million, funded by equity raised through its at-the-market offering programs.