MicroStrategy May Have to Cut Price for 8% Preferred-Stock Offering
Bitcoin investor MicroStrategy’s $250 million preferred-stock offering may price at a discount to its face value of $100 per share due to apparent insufficient demand for the deal.
MicroStrategy intends to offer 2.5M perpetual strike preferred stock
MicroStrategy (MSTR) announced that it intends to offer, in a public offering, 2,500,000 shares of its “perpetual strike preferred stock.”
MicroStrategy offers 8% fixed coupon on $250 million perpetual preferred stock
MicroStrategy Inc (NASDAQ:MSTR). is offering an 8% fixed coupon for its $250 million worth of perpetual preferred stock, according to Bloomberg.
MicroStrategy Is Finally Offering a Preferred Worth Buying
MicroStrategy’s coming offering of $250 million of convertible preferred securities is due to carry an attractive yield of 8% and could appeal to retail investors. The deal, unveiled Monday, should have good liquidity with a planned Nasdaq listing under the ticker STRK.
MicroStrategy Announces Proposed Strike Preferred Stock Offering (STRK)
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 cumulative dividends at a fixed rate that will be determined at the pricing of the offering.
MicroStrategy proposes preferred stock offering
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 corporate purposes,
MicroStrategy’s 8% Preferred Issue Is Coming Thursday. What Investors Should Know.
The first Bitcoin-related convertible security readily available to individual investors should begin trading on Friday.
MicroStrategy Is A 'Lever For The Believer,' Says Mizuho, Initiates Coverage On Bitcoin's Levered Play With An 'Outperform' Rating
MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings ...
MicroStrategy Isn’t Just A Giant Bitcoin Bet–It’s A Revolution In Corporate Finance
Why Michael Saylor’s MicroStrategy is a brilliant blueprint for manipulating traditional finance to harness the pixie dust of ...
Cryptopolitan on MSN3h
MicroStrategy CEO Michael Saylor graces the cover of Forbes: “The Bitcoin Alchemist”
Michael Saylor is everywhere, and now he’s on the cover of Forbes in an issue released Jan. 30. The 59-year-old CEO of ...
Norwegian central bank reveals stake in MicroStrategy
MicroStrategy Inc (NASDAQ: MSTR) is in focus today after the Norwegian central bank revealed it holds a sizable stake in the ...
MicroStrategy rated new Outperform at Mizuho on bitcoin strategy
Mizuho Securities started coverage on MicroStrategy ( NASDAQ: MSTR) with an Outperform rating on Wednesday, as analyst Dan ...
MicroStrategy enhances AI bot for personalized data interactions
TYSONS CORNER, Va. - MicroStrategy Incorporated (NASDAQ:MSTR), a leader in AI-powered business intelligence with a market capitalization of $88 billion, has announced an update to MicroStrategy ONE, ...
Is MicroStrategy Stock a Buy?
MicroStrategy (NASDAQ: MSTR) has been one of the most unlikely winners in the software sector in recent years. The company ...