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 ...
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.
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 ...
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 ...
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 ...
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