MicroStrategy Inc.
MicroStrategy Announces $21 Billion Preferred Stock ATM Program
Summary
On March 10, 2025, MicroStrategy Incorporated, through its subsidiary Strategy, announced a new Sales Agreement enabling the issuance and sale of up to $21 billion of its 8.00% Series A perpetual strike preferred stock through various sales agents. The proceeds will be used for general corporate purposes, including bitcoin acquisition and working capital. Strategy did not sell any shares of its common stock or purchase any bitcoin between March 3 and March 9, 2025, and as of March 9, 2025, it held approximately 499,096 bitcoins. The ATM Program is part of an existing automatic shelf registration statement, and sales will be made in compliance with applicable securities laws.
Profitelligence Alerts
Get alerts for MSTR
Be first to know when MicroStrategy Inc. files with the SEC.
Filing Categories
Exhibits (3)
Advertisement
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.
Official SEC Documents
Advertisement