The analyst who wrote this piece owns shares of MicroStrategy (MSTR).
Since MicroStrategy (MSTR) become a bitcoin treasury company in August 2020, it has used three primary instruments to acquire bitcoin (BTC): cash on hand, at-the-market (ATM) offerings and convertible bond offerings.
MicroStrategy’s next method of raising capital is to buy bitcoin through perpetual preferred stock, which was announced to the market on Jan. 3. MicroStrategy has announced a capital raise of $2 billion through one or multiple offerings, according to Benchmark.
Benchmark hosted a recent investor meeting with MicroStrategy executive chairman Michael Saylor at the ICR conference in Orlando to discuss the perpetual preferred stock offering.
A perpetual preferred stock typically has no fixed maturity date and continues indefinitely unless the company chooses to redeem it or put a maturity date on it. Shareholders of the stock receive fixed dividend payments but have no voting rights. The company may have
We współpracy z: https://www.coindesk.com/markets/2025/01/15/micro-strategy-targeting-2-b-perpetual-preferred-stock-offering-benchmark
