MicroStrategy Preferred Stock Had to Be Sold At a Discount. You …

MicroStrategy priced $584 million of 8% convertible preferred stock at a price of $80, resulting in a current dividend yield of 10%. The issue, the first preferred stock issue by the largest ...

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MicroStrategy Preferred Stock Had To Be Sold At A Discount. You …

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MicroStrategy priced $584 million of 8% convertible preferred stock at a price of $80, resulting in a current dividend yield of 10%. The issue, the first preferred stock issue by the largest ...

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MicroStrategy Raises $563 Million From Preferred Stock Sale

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18 hours ago · (Bloomberg) -- MicroStrategy Inc. has raised $563 million through a debt-like equity offering to help finance its purchase of more Bitcoin. The perpetual strike preferred …

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Institutions Are Primed For MicroStrategy's Preferred Stock Sale, …

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3 days ago · Michael Saylor's MicroStrategy with a $2B perpetual preferred stock offering (CoinDesk/Danny Nelson) · CoinDesk James Van Straten Wed, Jan 29, 2025, 10:38 AM 2 min …

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MicroStrategy Adds 10.1K Bitcoin To Holdings, Launches Preferred …

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4 days ago · The firm led by Executive Chairman Michael Saylor said that the Series A Perpetual Preferred Stock (STRK) will have a $100 liquidation preference. Each share of STRK is initially …

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MicroStrategy’s 8% Preferred Issue Is Coming Thursday. What

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2 days ago · Institutions Are Primed for MicroStrategy's Preferred Stock Sale, Say Analysts ... On New Years Eve, recent FEC filings show Mr. Pelosi had sold off roughly $24 million in Apple …

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MicroStrategy's $2 Billion Preferred Stock Strategy Could Unlock ...

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Jan 6, 2025 · MicroStrategy is planning to raise up to $2 billion by issuing preferred stock, advancing its ambitious “21/21” plan to sell $42 billion in equity and fixed-income securities. …

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MicroStrategy Is Finally Offering Preferred Stock Worth Buying

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

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MicroStrategy Expands '21/21 Plan' With $2 Billion Preferred Stock ...

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Jan 3, 2025 · MicroStrategy’s latest offering is expected to happen in Q1 2025, but it is subject to market conditions, with the company retaining discretion over whether to proceed. The …

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MicroStrategy’s 8% Preferred Issue Is Coming Thursday ... - Barron's

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2 days ago · Topics Stock Picks Lists & Rankings Magazine Data Advisor. Cryptocurrencies; MicroStrategy’s 8% Preferred Issue Is Coming Thursday. What Investors Should Know. By …

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MicroStrategy’s Latest Capital-raise Plans Are For $2 Billion Of ...

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The last time it disclosed a stock sale and bitcoin purchases was Dec. 30, when it sold an aggregate of 592,987 shares between Dec. 23 and Dec. 29 for net proceeds of about $209 …

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MicroStrategy Aims To Raise $2b Via Preferred Stock Sale

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Jan 3, 2025 · Investing.com -- MicroStrategy, a business intelligence company, has revealed plans to raise up to $2 billion through one or more offerings of perpetual preferred stock.

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FAQs about MicroStrategy Preferred Stock Had to Be Sold At a Discount. You … Coupon?

Is MicroStrategy a preferred stock?

The preferred stock offering comes on the heels of MicroStrategy’s recent Bitcoin buying spree. The company acquired an additional 10,107 Bitcoin this week, extending its buying spree to twelve consecutive week s and bringing its total holdings to 471,107 BTC. ...

Does MicroStrategy have a dividend yield?

You Won’t Believe the Yield Now. MicroStrategy priced $584 million of 8% convertible preferred stock at a price of $80, resulting in a current dividend yield of 10%. The issue, the first preferred stock issue by the largest corporate holder of Bitcoin, didn’t get as strong a reception as MicroStrategy planned. ...

How much does MicroStrategy pay per share?

The company announced on Friday that it has priced 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock at $80.00 per share, with settlement expected on Feb. 5. According to the press release, MicroStrategy intends to use the net proceeds “for general corporate purposes, including the acquisition of bitcoin and for working capital.” ...

Should you convert MicroStrategy shares to common shares?

Barron’s also calculates the conversion premium at 135%, meaning that MicroStrategy shares would have to rise that much from their current level, reaching $800, for it to make sense for holders of the preferred stock to convert it to common shares. ...

Is MSTR's preferred stock a good investment?

Similar sentiments came via Jeff Park, head of alpha strategies at Bitwise Investments, who called MSTR's preferred stock offering one of the most compelling securities in the market and a next-generation investment vehicle. "STRK is a near-perfect instrument," wrote Park. ...

How much does MicroStrategy's bitcoin acquisition cost?

This latest purchase was made at an average cost of $105,596 per Bitcoin, adjusting the company’s overall cost basis to $64,511 per coin. MicroStrategy’s aggressive Bitcoin accumulation strategy has drawn both praise and scrutiny from analysts. ...