MicroStrategy announced updates regarding its at-the-market offering programs and its bitcoin holdings as of August 18, 2025. The company detailed the total face value of preferred stock sold, net proceeds from sales, and the use of proceeds from its Common ATM, which will include paying interest on debt obligations and funding preferred equity dividends when its market NAV is below 2.5x.
Additionally, MicroStrategy indicated that it will tactically issue shares based on its market NAV, with different strategies depending on the NAV range. The company maintains a dashboard on its website for public disclosure of information, including bitcoin purchases and market prices of its securities. Investors are encouraged to regularly check this dashboard for updates and metrics that may influence their investment decisions.
linkAug 18, 2025 08:00:29
MicroStrategy Incorporated has amended its Certificate of Incorporation to change its name to Strategy Inc, effective August 11, 2025. The company's securities will continue to trade on Nasdaq under their existing symbols, and the change will not affect its corporate structure. Additionally, the board has approved an amendment to the company's bylaws to reflect this name change, which does not require stockholder approval.
On July 7, 2025, the company filed a Certificate of Amendment regarding its 8.00% Series A Perpetual Strike Preferred Stock, aiming to adjust the liquidation preference to align with its trading price. The company plans to seek stockholder ratification for this amendment, which investors should consider pending until completed. Further details will be provided in an upcoming proxy statement, which investors are encouraged to review for important information regarding the ratification process.
linkAug 11, 2025 08:41:15
MicroStrategy Incorporated announced updates regarding its at-the-market offering programs, including the total face value of preferred stock sold and net proceeds after sales commissions. Additionally, the company reported that bitcoin purchases were funded through proceeds from its ATM offering and a recent initial public offering of preferred stock, with purchase prices reflecting associated fees and expenses.
The company maintains a dashboard on its website to provide public access to information about market prices of its securities, bitcoin purchases, and key performance indicators. Investors are encouraged to regularly check this dashboard for updates, which serve to comply with disclosure obligations under Regulation FD.
linkAug 11, 2025 07:59:27
MicroStrategy Incorporated announced updates to its at-the-market offering programs, highlighting the completion of its public offering of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock on July 29, 2025. The offering generated gross proceeds of approximately $2.521 billion, with net proceeds around $2.47 billion after expenses. The company also indicated that the proceeds from this offering were utilized for bitcoin purchases.
Additionally, MicroStrategy maintains a dashboard on its website to provide public information regarding its securities, bitcoin purchases, and key performance indicators. Investors are encouraged to review this dashboard regularly for updates and disclosures related to the company's financial activities and holdings.
linkAug 04, 2025 08:00:28
MicroStrategy Incorporated has entered into a Sales Agreement allowing for the issuance and sale of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) through various agents. The company filed a prospectus supplement related to this offering, which will be conducted as an at-the-market offering, allowing sales at times and amounts determined by the company. The Agents will receive commissions of up to 2.0% of the gross proceeds from each sale, and the offering can be suspended or terminated under certain conditions.
The net proceeds from the STRC Stock offering are intended for general corporate purposes, including potential acquisitions of Bitcoin and working capital needs. Additionally, the company may use the proceeds for cash dividends on preferred stock, excluding STRC Stock. MicroStrategy is recognized as the largest Bitcoin Treasury Company and aims to leverage its treasury strategy and analytics capabilities to create long-term value for investors.
linkJul 31, 2025 16:24:14
MicroStrategy Incorporated announced its financial results for the second quarter of 2025, reporting a record net income of $10 billion and diluted earnings per share of $32.60. The company achieved an operating income of $14 billion, significantly up from a loss in the same quarter last year. As of June 30, 2025, MicroStrategy held 628,791 bitcoins, valued at approximately $64.4 billion, and achieved a year-to-date bitcoin yield of 25%. The company has also increased its fiscal year 2025 guidance to an operating income of $34 billion and net income of $24 billion.
Additionally, MicroStrategy's board declared monthly cash dividends of $0.80 per share for its newly issued Variable Rate Perpetual Stretch Preferred Stock (STRC Stock), with payment scheduled for August 31, 2025. The company raised over $10 billion through various capital market activities, including its largest IPO to date, which reflects growing institutional and retail demand for its securities. The firm continues to emphasize its strategy of leveraging its bitcoin holdings to enhance shareholder value and maintain a robust capital markets platform.
linkJul 31, 2025 16:15:30
MicroStrategy Incorporated has successfully completed an initial public offering (IPO) of 28,011,111 shares of its new Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock), generating gross proceeds of approximately $2.521 billion. The STRC Stock is set to trade on the Nasdaq Global Select Market and will offer cumulative monthly dividends starting at a rate of 9.00% per annum. The proceeds from the offering will primarily be used for acquiring additional Bitcoin, increasing the company's holdings to approximately 628,791 bitcoins.
The STRC Stock ranks senior to the company’s Class A and Class B common stocks and other preferred stocks concerning dividends and asset distributions in the event of liquidation. The liquidation preference for the STRC Stock is initially set at $100 per share. MicroStrategy retains the right to adjust the dividend rate and redeem the shares under specific conditions. This IPO is notable as it is one of the largest U.S. IPOs in 2025 and the largest crypto-related offering in recent years.
linkJul 29, 2025 16:04:07
MicroStrategy Incorporated announced updates regarding its at-the-market offering programs, including the total face value of shares of preferred stock sold and net proceeds after sales commissions. The company did not make any bitcoin purchases during the week, and the aggregate and average purchase prices include fees and expenses.
The company maintains a dashboard on its website to provide broad access to information about market prices of its securities, bitcoin holdings, key performance indicators, and other relevant data. Investors are encouraged to regularly check this dashboard for updates, as it serves as a channel for compliance with disclosure obligations.
linkJul 28, 2025 07:59:27
MicroStrategy Incorporated has entered into an underwriting agreement for the issuance of 28,011,111 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, priced at $90 per share. The offering is expected to generate approximately $2.474 billion in net proceeds, which the company plans to use for general corporate purposes, including the acquisition of bitcoin and working capital. The settlement of the offering is scheduled for July 29, 2025, pending customary closing conditions.
The STRC Stock will pay cumulative dividends at a variable rate, starting at 9.00% per annum, with the first payment due on August 31, 2025. The company retains the right to adjust the dividend rate under specific conditions, ensuring it does not fall below certain thresholds. Additionally, the company has provisions for redeeming the stock under certain circumstances, including tax events or if the outstanding shares drop below a specified percentage. This offering is made under an effective shelf registration statement filed with the SEC.
linkJul 25, 2025 08:04:31
A class action lawsuit has been filed against MicroStrategy Incorporated and its board of directors, alleging violations of Delaware General Corporation Law and breach of fiduciary duty. The lawsuit, initiated by plaintiff David Dodge, claims that shareholders were entitled to vote on amendments related to the company's 8.00% Series A Perpetual Strike Preferred Stock, which modified certain terms to align the liquidation preference with market trading prices.
The complaint seeks various forms of relief, including a declaration of the alleged violations, a ruling that the board breached its fiduciary duties, and an order to invalidate the amendments made to the preferred stock. The company has stated that it cannot predict the outcome of this lawsuit or estimate any potential financial impact at this time.
linkJul 23, 2025 08:47:01