Profitelligence Profitelligence · Filing Ledger Open MSTR research →

Form 8-K · Current Report · Filed 2024-07-11

MicroStrategy Announces 10-for-1 Stock Split

On July 11, 2024, MicroStrategy Incorporated announced a 10-for-1 stock split of its class A and class B common stock.

Filer
MicroStrategy Inc. MSTR · NASDAQ
Filed
Accession
0001193125-24-177515
CIK
0001050446
Signal
Medium impactTechnology

Details

The split will be executed through a stock dividend to shareholders of record as of August 1, 2024, with distribution expected on August 7, 2024, and trading to commence on a split-adjusted basis on August 8, 2024.

Items reported

Item 8.01

Other Events

Stock Split
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$130.57

Next session

+7.0%

Since filing

-28.6%

Latest close

$93.28

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MSTR reporting the same item, with the next session's move:

Exhibits (1)

About MicroStrategy Inc.

MicroStrategy Inc. is a prominent business intelligence company that specializes in providing robust analytics solutions. The company's primary function is to offer enterprise analytics and mobility software, designed to help organizations harness the power of large datasets to drive decision-making processes. MicroStrategy's platform enables businesses across various sectors, including finance, healthcare, manufacturing, and retail, to analyze data and generate valuable insights into operations and market trends. Key features of MicroStrategy's offerings include its ability to deliver high-performance analytics at scale, facilitate mobile intelligence, and support data visualization. With a strong emphasis on user-friendly interfaces, the company ensures that even complex data insights are accessible to decision-makers and analysts alike. MicroStrategy has also gained significant attention in the financial markets for its strategic investments in Bitcoin, reflecting its interests in digital currency as a part of corporate asset strategy. As such, the company continues to play a pivotal role in the evolving landscape of enterprise analytics, while also engaging with the broader discourse around cryptocurrency integration in business operations.

Exchange NASDAQ Industry Software - Application Company website ↗

Never miss another MSTR filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts