MicroStrategy
Strategy Looking to Raise $4.2B Via Preferred Stock to Stack More Bitcoin
The offering comes just days after closing on the sale of $2.5 billion of STRC preferred shares.
Strategy Earned $10B in Q2 on Back of Bitcoin Price Gain
Led by Michael Saylor, the company guided to full year net income of $24 billion, or $80 per share, based on a year-end BTC price outlook of $150,000.
Strategy's Market Hints at Strongest Downside Risk Since April
Shares of Strategy have fallen over 14% in two weeks, closing below the 50-day simple moving average.
Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.
Michael Saylor Builds Out Own Yield Curve With Upsized Preferred Stock Sale
Strategy's latest preferred stock issuance surpassed expectations, offering 9.5%–10.0% yield with built-in price stability mechanisms.
Michael Saylor's Strategy Boosts Latest Preferred Share Raise to $2B From $500M: Bloomberg
The company announced the STRC offering on Monday, originally planning to issue 5 million shares at $100 each.
Leveraged Bearish Strategy ETF Pulls in Millions at Record Lows
The bargain hunting at record lows accompanies outflows from its 2x bullish counterpart, MSTX.
Strategy Hits Record $128.5B Market Cap as Bitcoin Buying Prompts Equity Sales
The company has tripled the number of shares outstanding since 2020 through major ATM offerings as investors reward its bitcoin-focused transformation.
Jim Chanos Calls Strategy’s Premium 'Financial Gibberish'
The famed short seller is betting on a decline in Strategy’s stock while bitcoin advocate Pierre Rochard defends company’s premium valuation amid rising competition.
Strategy’s Convertible Bond Prices Surge as Stock Advances Back Toward Record High
Five of the six convertible issuances from the serial bitcoin acquirer are trading deep in the money, creating billions in unrealized value.
