MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.
MicroStrategy Buys 1,070 BTC, Plans to Raise Up to $2B Through Preferred Stock Offering
The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it would be raising up to $2 billion via a preferred stock offering to acquire more bitcoin.
MicroStrategy Buys Bitcoin After Adding Preferred Offering
MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?
MicroStrategy to raise up to $2 billion in preferred stock to buy more bitcoin
MicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy more bitcoin. The business-software company and cryptocurrency play,
MicroStrategy plans $2 billion raise via preferred stock offering to expand Bitcoin holdings
MicroStrategy plans to raise $2 billion from a perpetual preferred stock offering to purchase extra Bitcoin for the company.
MicroStrategy Buys Another $101 Million of Bitcoin
MicroStrategy, the software-intelligence company turned bitcoin-holding entity, said Monday it bought $101 million of bitcoin during the last two trading days of 2024. The company said it bought 1,070 bitcoins.
MicroStrategy Puts Additional $101 Million Into Bitcoin
MicroStrategy said bought about $101 million worth of bitcoin in the final two days of 2024. The software company, which ditched its original business model to borrow billions of dollars to buy bitcoin,
Fannie Mae makes changes to preferred stock purchase deal with U.S. Treasury
The Federal Housing Finance Agency, acting on behalf of mortgage giant Fannie Mae (OTCQB:FNMA) in its capacity as conservator ...
Is Preferred Stock Equity or a Fixed-Income Security?
Preferred stock is often described as a stock that acts like a bond. Investors value them for their steady income, not the potential market price increases.
Cyclacel announces agreement for acquisition of preferred stock
Cyclacel Pharmaceuticals (CYCC) announced that the Company entered into a securities purchase agreement with investor David Lazar, pursuant to ...
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Truist Securities Initiates Coverage of JPMorgan Chase & Co. - Preferred Stock (JPM.PRM) with Hold Recommendation
Fintel reports that on January 7, 2025, Truist Securities initiated coverage of JPMorgan Chase & Co. - Preferred Stock ...
David Lazar acquires Cyclacel Pharmaceuticals preferred stock, becomes interim CEO; stock jumps
Cyclacel Pharmaceuticals announces securities purchase agreement with investor David Lazar, new CEO appointed, and stock up ...
SunLink Joins Forces With Regional Health Properties In All-Stock Deal: Shares Surge
Regional Health Properties, Inc. (AMEX:RHE) and SunLink Health Systems, Inc. (AMEX:SSY) shares traded higher after the ...
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Barclays Initiates Coverage of Annaly Capital Management, Inc. - Preferred Stock (NLY.PRG) with Equal-Weight Recommendation
Fintel reports that on January 6, 2025, Barclays initiated coverage of Annaly Capital Management, Inc. - Preferred Stock ...
PDPA: An 8.00% Term Preferred IPO From Pearl Diver Credit Company
Pearl Diver Credit Company launched its first fixed-income security, PDPA, an 8.0% Series A Term Preferred Stock. Read more ...