MicroStrategy Unveils Massive 2.5 Million Shares of Series A perpetual stock

• MSTR Announces 2.5 Million Share Offering of Series A Stock
• MicroStrategy Increases Bitcoin Holdings to 471,107 BTC with $1.1B Purchase
• MSTR Offers 8% Fixed Coupon on $250M Perpetual Preferred Stock

MicroStrategy continues to make waves in both the corporate and cryptocurrency worlds. The company has launched a new 2.5 million share offering while expanding its Bitcoin holdings to over 471,000 BTC, signaling a bold future ahead.

MicroStrategy launches 2.5 million ‘ $STRK’ Shares

MicroStrategy has announced the launch of a public offering for 2.5 million shares of its new Series A Perpetual Strike Preferred Stock, $STRK. The company plans to use the proceeds for general corporate purposes, including acquiring more Bitcoin and boosting its working capital. The preferred stock will have a liquidation preference of $100 and will pay quarterly dividends starting March 31, 2025.

Investors will have the option to receive dividends in cash, MSTR Class A common stock, or both. Additionally, the preferred stock will be convertible into common stock under certain conditions. MicroStrategy reserves the right to redeem the preferred stock early if the liquidation value falls below 25% of the original offering or if certain tax events occur.

$STRK offering is part of MicroStrategy’s ongoing Bitcoin strategy, which has seen the company increase its Bitcoin holdings for 12 consecutive weeks. The company’s focus on Bitcoin continues to be a major point of interest for investors because it operates in both the tech and cryptocurrency sectors.

MicroStrategy Unveils Massive 2.5 Million Shares of Series A perpetual stock 3

MicroStrategy also offered an 8% fixed coupon on $250 million of perpetual preferred stock. The stock will be issued with a conversion price of $1,000. The company had previously announced plans to raise up to $2 billion in the first quarter of 2025 through similar stock offerings.

The preferred stock would rank senior to MSTR Class A common stock, offering investors stability and potential for returns. However, MSTR shares are down by 3.7% in pre-market trading, closing at $353.67 each. The company’s stock has seen a slight decline following the market correction on January 27.

MicroStrategy Acquires Additional 10,101 BTC

MicroStrategy invested an additional $1.1 billion in Bitcoin. The purchase added 10,101 BTC to its holdings, bringing the total to 471,101 BTC. The average price for the latest acquisition was $105,596 per BTC, according to the company’s filing.

MicroStrategy’s commitment to Bitcoin remains strong, with the company’s total investment in Bitcoin exceeding $30 billion. This massive Bitcoin treasury was valued at nearly $50 billion, as BTC traded around $100,000. The company has integrated Bitcoin as a key component of its corporate strategy.

The company’s ongoing stock offerings and Bitcoin purchases reflect its long-term vision and confidence in cryptocurrency. MicroStrategy’s executives, led by Michael Saylor, have been vocal about their strategy of using Bitcoin as a reserve asset. The firm’s approach continues to attract attention from investors in the cryptocurrency market.