3 days ago · MicroStrategy will have the right, at its election, to redeem all, and not less than all, of the perpetual strike preferred stock, at any time, for cash if the total aggregate liquidation preference of all perpetual strike preferred stock then outstanding is less than 25% of the aggregate liquidation preference of the perpetual strike preferred ...

2 days ago · MicroStrategy’s capital raise announcement for up to $2 billion in preferred stock. Credit: MicroStrategy. Later, on Jan. 27, 2025, MicroStrategy officially unveiled its “Series A Perpetual Strike Preferred Stock,” initially planning to offer 2,500,000 shares at a $100 liquidation preference, or $250,000,000.

3 days ago · MicroStrategy will have the right, at its election, to redeem all, and not less than all, of the perpetual strike preferred stock, at any time, for cash if the total aggregate liquidation ...

3 days ago · MicroStrategy’s perpetual strike preferred stock carries a $100 per share liquidation preference and will accrue fixed-rate cumulative dividends, set at pricing.

3 days ago · Called STRK, MicroStrategy will offer 2.5 million shares of MSTR's Series perpetual strike preferred stock. The perpetual strike preferred stock will have a liquidation preference of $100 per share and accumulate cumulative dividends at a fixed rate that will be determined at the pricing of the offering, according to the press release.

Jan 3, 2025 · The perpetual preferred stock may include features such as (i) convertibility to our class A common stock, (ii) payment of cash dividends, and (iii) provisions allowing for redemptions of shares, among other features.

MicroStrategy is selling a preferred stock with an 8% yield to diversify its funding sources and bring in a new group of investors.

3 days ago · 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 ...

As with most preferred, the MicroStrategy deal will be perpetual. ... MicroStrategy stock is valued at nearly double the value of the company’s Bitcoin holdings—some 471,000 coins worth $48 ...

Jan 6, 2025 · MicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy more bitcoin.