The company, the world’s largest corporate Bitcoin holder, issued the shares as part of a strategy to diversify its funding sources as it continues to buy the cryptocurrency.
As I mentioned, this preferred stock isn't attached to a maturity date—it’s perpetual. From a financing perspective, that means MicroStrategy has no looming deadline for returning the principal.
On Jan. 31, Strategy announced the offering of 8.00% Series A Perpetual Strike Preferred Stock, trading under the ticker symbol STRK. The first thing to understand is that the security will pay ...
MicroStrategy Inc. said Monday it purchased about 20,356 bitcoins between Feb. 18 and Feb. 23 using the roughly $1.9 billion raised through a zero-coupon convertible bond offering last week. As of Feb ...
MicroStrategy (NASDAQ:MSTR) has proposed an offering of 2.5M shares of its Series A Perpetual Strike Preferred Stock. The company plans to use the net proceeds from the offering for general ...
Shares of MicroStrategy (MSTR), a business intelligence company known for its Bitcoin (BTC-USD) holdings, were down 6% in the pre-market ...
The issuance and sale of the perpetual strike preferred stock are scheduled to settle on February 5, 2025, subject to customary closing conditions. MicroStrategy estimates that the net proceeds to ...
Well-followed MicroStrategy analyst Ben Werkman, posted on X about the attraction preferred stock can offer institutional investors due to its lack of maturity risk, stable yield and optional ...
MicroStrategy plans to offer 2.5M Series A Perpetual Strike Preferred shares, using proceeds for Bitcoin acquisitions. Preferred stock offers fixed-rate cumulative dividends, payable in cash or ...
On Jan. 31, Strategy announced the offering of 8.00% Series A Perpetual Strike Preferred Stock, trading under the ticker symbol STRK. The first thing to understand is that the security will pay an ...