Strategy ( (MSTR) ) just unveiled an announcement.
On March 10, 2025, Strategy announced a sales agreement with multiple agents to issue and sell up to $21 billion of its 8.00% series A perpetual strike preferred stock, convertible into class A common stock. The proceeds from this offering are intended for general corporate purposes, including Bitcoin acquisition and working capital. The sales will be conducted at the market through various methods, with no obligation for Strategy or agents to buy or sell any shares. The announcement reflects Strategy’s ongoing commitment to leveraging its financial strategies to enhance its market positioning and operational capabilities.
More about Strategy
MicroStrategy Incorporated, operating as Strategy, is a publicly traded company recognized as the world’s first and largest Bitcoin Treasury Company. It has adopted Bitcoin as its primary treasury reserve asset and strategically accumulates Bitcoin through equity and debt financings, as well as cash flows from operations. Additionally, Strategy offers AI-powered enterprise analytics software, aiming to integrate analytics expertise with digital asset growth, positioning itself as a leader in both digital asset and enterprise analytics sectors.
YTD Price Performance: -4.28%
Average Trading Volume: 19,724,303
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $74.14B
Learn more about MSTR stock on TipRanks’ Stock Analysis page.