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.
If this trend continues, MicroStrategy may need to reassess its aggressive Bitcoin acquisition strategy. While the company ...
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 (MSTR), which recently changed its name to “Strategy,” has launched its new convertible preferred stock on the Nasdaq stock exchange with a hefty 9% dividend yield. The shares ...
The shares, the first preferred stock issue by the largest corporate holder of Bitcoin, didn’t get as strong a reception as the company planned. Bill Gates Says He Donated $100 Billion Of His ...
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 ...
MicroStrategy Inc. has raised $563 million through a debt-like equity offering to help finance its purchase of more Bitcoin. The perpetual strike preferred stock was sold for $80 apiece ...
The funds will be used for corporate purposes, including Bitcoin acquisitions and working capital needs. The offering is set to close on February 5, pending regulatory approvals and standard ...
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 ...