MicroStrategy (MSTR) raised an impressive $563.4 million through its recent perpetual preferred stock offering, far surpassing its initial $250 million target. The company sold 7.3 million shares of the newly issued STRK series at $80 per share.

In an effort to attract more investors, the dividend yield has been raised to 10%, up from the original 8% estimate.

The funds generated will go toward MicroStrategy’s ongoing strategy to expand its Bitcoin (BTC) holdings, further solidifying its position as one of the largest corporate Bitcoin holders.