MicroStrategy Announces Proposed Strike Preferred Stock …

Jan 27, 2025 · MicroStrategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital. The perpetual strike preferred stock will have a liquidation preference of $100 per share and will accumulate …

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MicroStrategy Announces Proposed Strike Preferred Stock …

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MicroStrategy Prices Strike Preferred Stock Offering (STRK)

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Jan 31, 2025 · MicroStrategy estimates that the net proceeds to it from the offering will be approximately $563.4 million, after deducting the underwriting discounts and commissions and …

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MicroStrategy’s STRK Preferred Stock Explained: Funding The …

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Jan 28, 2025 · MicroStrategy unveiled its Series A Perpetual Strike Preferred Stock (STRK) with an 8% cumulative dividend. MicroStrategy’s preferred stock offering unlocks a new way to …

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MicroStrategy Announces Proposed Private Offering Of $600 …

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TYSONS CORNER, Va., March 04, 2024--MicroStrategy® Incorporated (Nasdaq: MSTR) ("MicroStrategy") today announced that it intends to offer, subject to market conditions and …

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MicroStrategy Completes $800 Million Offering Of 0.625

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TYSONS CORNER, Va., March 11, 2024--MicroStrategy® Incorporated (Nasdaq: MSTR) ("MicroStrategy") today announced that, on March 8, 2024, it completed its previously …

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MicroStrategy Raises Stocks Offering To $584M From $250M

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6 days ago · The corporate expansion of MicroStrategy and its Bitcoin investment program receive backing from this strategic move. The stock offering will finish its standard closing …

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MicroStrategy Prices Strike Preferred Stock Offering (STRK)

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Jan 31, 2025 · MicroStrategy ® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced the pricing of its offering on January 30, 2025 of 7,300,000 shares of 8.00% Series A …

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MicroStrategy Announces Proposed Private Offering Of $700 …

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Sep 16, 2024 · MicroStrategy intends to use the net proceeds from this offering to redeem all $500.0 million outstanding aggregate principal amount of MicroStrategy’s 6.125% Senior …

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MicroStrategy Announces Proposed Private Offering Of $1.75 …

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Nov 18, 2024 · TYSONS CORNER, Va.--(BUSINESS WIRE)--Nov. 18, 2024-- MicroStrategy ® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced that it intends to offer, …

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MicroStrategy Announces Pricing Of Offering Of 0% Convertible …

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Nov 20, 2024 · MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced the pricing of its offering of $2.6 billion aggregate principal amount of

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MicroStrategy Announces Proposed Private Offering Of $1.75 …

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Nov 18, 2024 · MicroStrategy will be discussing the proposed convertible notes offering on a live Video Webinar beginning at approximately 9:00 a.m. Eastern Standard Time on Tuesday, …

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MicroStrategy Announces $563,400,000 Stock Offering, Says Part …

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6 days ago · Software development firm MicroStrategy (MSTR) is announcing a massive new stock offering to raise funds for accumulating more Bitcoin ().In a new press release, the …

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MicroStrategy Completes $800 Million Offering Of 2.25

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The notes are unsecured, senior obligations of MicroStrategy, and bear interest at a rate of 2.25% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, …

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MicroStrategy Completes $800 Million Offering Of 0.625

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TYSONS CORNER, Va., March 11, 2024 — MicroStrategy ® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced that, on March 8, 2024, it completed its previously …

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FAQs about MicroStrategy Announces Proposed Strike Preferred Stock … Coupon?

Is MicroStrategy's STRK preferred stock a good investment?

MicroStrategy unveiled its Series A Perpetual Strike Preferred Stock (STRK) with an 8% cumulative dividend. MicroStrategy’s preferred stock offering unlocks a new way to raise capital without immediate dilution. Sensitivity to Bitcoin movements remains lower than typical MSTR shares, appealing to investors who prefer less volatility. ...

How will MicroStrategy use the net proceeds from this offering?

MicroStrategy intends to use the net proceeds from this offering to redeem all $500.0 million outstanding aggregate principal amount of MicroStrategy’s 6.125% Senior Secured Notes due 2028 (the “Senior Secured Notes”) and to use any balance of the net proceeds to acquire additional bitcoin and for general corporate purposes. ...

Will MicroStrategy offer notes?

The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed. The notes will be unsecured, senior obligations of MicroStrategy. The notes will not bear regular interest, and the principal amount of the notes will not accrete. ...

What is MicroStrategy's option to purchase?

MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $90 million aggregate principal amount of the notes. ...

Does MicroStrategy pay dividends?

MicroStrategy’s perpetual strike preferred stock carries a $100 per share liquidation preference and will accrue fixed-rate cumulative dividends, set at pricing. The company stated that declared dividends on the perpetual strike preferred stock will be payable quarterly starting March 31, 2025, in cash, Class A common stock, or a mix of both. ...

How much does MicroStrategy's stock cost?

This represents a premium of approximately 42.5% over the last reported sale price of $1,051.01 per share of MicroStrategy’s class A common stock on the Nasdaq Global Select Market on March 5, 2024. The conversion rate is subject to adjustment upon the occurrence of certain events. ...