Finance
MicroStrategy Unveils New High-Yield STRD Preferred Stock
A new preferred stock from MicroStrategy promises a 10% fixed dividend, sitting strategically below existing offerings in the firm's capital structure.
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A new preferred stock from MicroStrategy promises a 10% fixed dividend, sitting strategically below existing offerings in the firm's capital structure.
Proceeds from the sale are earmarked for corporate initiatives including acquisitions of bitcoin and operational funding.
The initial offering for the company's Perpetual Strife Preferred Stock raises funds for acquiring more Bitcoin.
Analysts foresee success in MicroStrategy's perpetual preferred stock offering, which could revolutionize capital generation for Bitcoin acquisition.
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