Latest news with #StrifePreferredStock
Yahoo
22-05-2025
- Business
- Yahoo
Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock
Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion. Strategy plans to sell the shares over a period of time, based on market conditions. Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Michael Saylor has a shocking plan to boost Strategy's balance sheet
Strategy (Nasdaq: MSTR), earlier known as MicroStrategy, plans to raise $2.1 billion through the sale of the shares of its 10.00% Series A Perpetual Strife Preferred Stock (Nasdaq: STRF), the firm announced on May 22. The firm said it has entered into a sales agreement with TD Securities, Barclays Capital, and The Benchmark Company for the sale of the STRF shares. Launched on March 26, the STRF share was exchanging hands at $99.87 in pre-market hours at the time of writing, up 11.83% a month. The firm's 8.00% Series A Perpetual Strike Preferred Stock (Nasdaq: STRK) was trading at $101.75 in pre-market, up 17.65% a month. This is a developing story.
