Form 8-K · Current Report · Filed 2025-03-10
MicroStrategy Announces $21 Billion Preferred Stock ATM Program
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.
- Filer
- MicroStrategy Inc. MSTR · NASDAQ
- Filed
- Accession
- 0001193125-25-050411
- CIK
- 0001050446
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
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.
Items reported
Entry into a Material Definitive Agreement
Regulation FD Disclosure
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$287.18
Next session
-9.3%
Since filing
-67.5%
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:
Exhibits (3)
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.
Never miss another MSTR filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.