MicroStrategy shares fell nearly 9% Friday, and a reason why could be its new policy on common equity issuance, which limits its ability to buy more Bitcoin. Shares of the company, which does business ...
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MicroStrategy Sells $2.5 Billion of Preferred Stock. What to Know About the Complicated Bitcoin Play.
MicroStrategy has priced nearly $2.5 billion of variable-rate preferred stock with an initial dividend yield of 10% and the proceeds likely will be earmarked for additional purchases of Bitcoin. The ...
Strategy (Nasdaq: MSTR), formerly MicroStrategy, has seen its fortune decline of late as the leading Bitcoin (BTC) treasury's stock has dropped by a drastic 60% from its peak. The MSTR stock is ...
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