MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.
MicroStrategy Buys 1,070 BTC, Plans to Raise Up to $2B Through Preferred Stock Offering
The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it would be raising up to $2 billion via a preferred stock offering to acquire more bitcoin.
MicroStrategy Buys Bitcoin After Adding Preferred Offering
MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?
MicroStrategy to raise up to $2 billion in preferred stock to buy more bitcoin
MicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy more bitcoin. The business-software company and cryptocurrency play,
MicroStrategy Buys Another $101 Million of Bitcoin
MicroStrategy, the software-intelligence company turned bitcoin-holding entity, said Monday it bought $101 million of bitcoin during the last two trading days of 2024. The company said it bought 1,070 bitcoins.
MicroStrategy Kicks off 2025 with 1,070 Bitcoin Purchase Announcement
MicroStrategy, the largest corporate holder of Bitcoin, revealed a fresh acquisition of 1,070 BTC made during the final two days of 2024. The announcement, made on January 6, highlighted that the company spent approximately $101 million on December 30 and 31,
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Barclays Upgrades Capital One Financial Corporation - Preferred Stock (COF.PRK)
Fintel reports that on January 6, 2025, Barclays upgraded their outlook for Capital One Financial Corporation - Preferred ...
Is Preferred Stock Equity or a Fixed-Income Security?
Preferred stock is often described as a stock that acts like a bond. Investors value them for their steady income, not the potential market price increases.
David Lazar acquires Cyclacel Pharmaceuticals preferred stock, becomes interim CEO; stock jumps
Cyclacel Pharmaceuticals announces securities purchase agreement with investor David Lazar, new CEO appointed, and stock up ...
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Baird Upgrades Prologis, Inc. - Preferred Stock (PLDGP)
Fintel reports that on January 6, 2025, Baird upgraded their outlook for Prologis, Inc. - Preferred Stock (OTCPK:PLDGP) from ...
Cyclacel announces agreement for acquisition of preferred stock
Cyclacel Pharmaceuticals (CYCC) announced that the Company entered into a securities purchase agreement with investor David Lazar, pursuant to ...
Ellington Financial: 2 High Yield Preferred Share Options
Ellington Financial offers high-yield preferred shares for consistent income. Learn more about EFC's Series A or Series C ...
SunLink Joins Forces With Regional Health Properties In All-Stock Deal: Shares Surge
Regional Health Properties, Inc. (AMEX:RHE) and SunLink Health Systems, Inc. (AMEX:SSY) shares traded higher after the ...
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Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash ...