MicroStrategy’s STRK Preferred Stock Explained: Funding the World’s Biggest Bitcoin Gambit
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
MicroStrategy intends to offer 2.5M perpetual strike preferred stock
MicroStrategy (MSTR) announced that it intends to offer, in a public offering, 2,500,000 shares of its “perpetual strike preferred stock.”
MicroStrategy Targeting $2B Perpetual Preferred Stock Offering: Benchmark
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 BTC taking total holdings to 450,000 BTC.
MicroStrategy's Strike Preferred Stock Offering Fuels Bitcoin Acquisition Plans: Details
MicroStrategy, a business intelligence and Bitcoin-focused company, plans to offer 2.5 million shares of preferred stock to fund general purposes and Bitcoin acquisitions.
MicroStrategy offers 8% fixed coupon on $250 million perpetual preferred stock
MicroStrategy Inc (NASDAQ:MSTR). is offering an 8% fixed coupon for its $250 million worth of perpetual preferred stock, according to Bloomberg.
MicroStrategy Announces Proposed Strike Preferred Stock Offering (STRK)
MicroStrategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital. The perpetual strike preferred stock will have a liquidation preference of $100 per share and will accumulate cumulative dividends at a fixed rate that will be determined at the pricing of the offering.
MicroStrategy proposes preferred stock offering
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 corporate purposes,
Stock Market Worries? Buy Preferred Stocks For Big Income: PFFA
PFFA is a fund that can provide exposure to a diverse array of preferreds. Read more on how this ETF fits into a dividend ...
MicroStrategy Adds 10.1K Bitcoin to Holdings, Launches Preferred Stock Sale for Additional Buying Power
MicroStrategy (MSTR) brought its bitcoin holdings to 471,107 following another week of accumulating tokens. Alongside, the ...
Earnings call transcript: Preferred Bank Q4 2024 misses EPS forecast, stock rises
Preferred Bank (NASDAQ:PFBC) reported its fourth-quarter 2024 earnings, revealing a slight miss on expected earnings per ...
LDP: A Preferred Stock Fund That Deserves Its Name
LDP offers a high yield of 7.63%, outperforming most preferred stock index funds but lagging other preferred CEFs. Find out ...
JPMorgan Chase & Co. Announces Redemption of Depositary Shares for Series HH Preferred Stock
JPMorgan Chase & Co. filed an 8-K report with the Securities and Exchange Commission, informing shareholders about the ...
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Stifel Raises Quarterly Common Stock Cash Dividend by 10% and Declares Preferred Stock Cash Dividend
ST. LOUIS, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors ...
MicroStrategy Buys Bitcoin, Sets Terms of Preferred Stock Sale
MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.
Chancery: Common Stock Worthless in 'Jacobson v. Akademos' and Transaction Was Entirely Fair
Jacobs v. Akademos is a post-trial opinion that addresses a squeeze-out merger where Akademos’ (the company) common ...