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Form 8-K · Current Report · Filed 2025-02-10

MicroStrategy Announces Completion of STRK Offering and Bitcoin Purchases

On February 10, 2025, MicroStrategy Incorporated announced the completion of its public offering of 7,300,000 shares of its 8.00% Series A Perpetual Strike Preferred Stock at a price of $80.00 per share, raising approximately $563.4 million in net proceeds.

Filer
MicroStrategy Inc. MSTR · NASDAQ
Filed
Accession
0001193125-25-023183
CIK
0001050446
Signal
Medium impactTechnology

Details

During the period between February 3, 2025, and February 9, 2025, the company also acquired approximately 7,633 bitcoins for approximately $742.4 million in cash, at an average price of approximately $97,255 per bitcoin. These bitcoin purchases were funded using the proceeds from the STRK Offering and the issuance and sale of shares under the existing Sales Agreement with various agents.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure Press Release Furnished
Item 8.01

Other Events

Convertible Notes Offering Strategic Partnership Announced

Market reaction

Close before filing

$327.56

Next session

-2.5%

Since filing

-71.5%

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:

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.

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