Still, the nearly 9% yield is very high. It is significantly above many preferred equity ETFs that are closer to 6%.

As I mentioned, this preferred stock isn't attached to a maturity date—it’s perpetual. From a financing perspective, that means MicroStrategy has no looming deadline for returning the principal.

On Jan. 31, Strategy announced the offering of 8.00% Series A Perpetual Strike Preferred Stock, trading under the ticker symbol STRK. The first thing to understand is that the security will pay ...

The issuance and sale of the perpetual strike preferred stock are scheduled to settle on February 5, 2025, subject to customary closing conditions. MicroStrategy estimates that the net proceeds to ...

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 ...

MicroStrategy unveiled its Series A Perpetual Strike Preferred Stock (STRK) with an 8% cumulative dividend. MicroStrategy’s preferred stock offering unlocks a new way to raise capital without ...

MicroStrategy has reported the pricing of the Strike Preferred Stock Offering (STRK). Takeaway Points MicroStrategy reports pricing of Strike Preferred Stock Offering. The company plans to use the net ...

Shares of MicroStrategy (MSTR), a business intelligence company known for its Bitcoin (BTC-USD) holdings, were down 6% in the pre-market ...

The company announced in its last earnings report a plan to raise $42 billion to buy bitcoin in three years. It’s already ...

MicroStrategy (MSTR), which recently changed its name to “Strategy,” has launched its new convertible preferred stock on the Nasdaq stock exchange with a hefty 9% dividend yield. The shares ...