1 day ago · The preferred shares from Strategy also come with a conversion feature, enabling holders the right to swap each share they own for a tenth of a share of the company’s MSTR common stock.

Prospectus excerpt: We are offering 7,300,000 shares of our 8.00% Series A Perpetual Strike Preferred Stock, which we refer to as our “perpetual strike preferred stock.” Full Prospectus PDF » , Secondary Prospectus PDF » , MSTR Page »

Jan 27, 2025 · The redemption price for any perpetual strike preferred stock to be redeemed will be a cash amount equal to the liquidation preference of the perpetual strike preferred stock to be redeemed (or, in the case of a redemption in connection with a tax event, the greater of (1) the liquidation preference of the perpetual strike preferred stock to be ...

1 day ago · Strategy's new convertible preferred stock Strike (STRK) is expected to be listed on the Nasdaq today. The company introduced new performance targets, including a 2025 bitcoin gain of $10 billion ...

Jan 31, 2025 · MicroStrategy ® Incorporated today announced the pricing of its offering on January 30, 2025 of 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock, at a public offering price of ...

Jan 27, 2025 · MicroStrategy’s perpetual strike preferred stock carries a $100 per share liquidation preference and will accrue fixed-rate cumulative dividends, set at pricing.

Jan 28, 2025 · The stock price threshold might be met earlier than expected, if Bitcoin’s surge drives MSTR’s stock higher. This would allow holders to convert the preferred shares into common stock earlier, reducing MicroStrategy’s long-term dividend burden while offering preferred stockholders significantly greater value.

Tysons Corner, Va., January 3, 2025 -- MicroStrategy Incorporated (Nasdaq: MSTR) (“MicroStrategy”), in furtherance of its previously announced 21/21 Plan, a capital plan to raise $21 billion of equity and $21 billion of fixed income instruments, including debt, convertible notes and preferred stock, over the next three years, today ...

Jan 27, 2025 · Holders of the perpetual strike preferred stock will have the right to convert their shares of perpetual strike preferred stock into shares of MicroStrategy’s class A common stock (together, if ...

Jan 27, 2025 · Preferred stock offers fixed-rate cumulative dividends, payable in cash or common stock starting March 2025. The business intelligence and Bitcoin-focused company MicroStrategy Incorporated MSTR ...