MicroStrategy has announced the pricing of its perpetual strike preferred stock offering at a public listing price of $80 per share, with plans to issue these corporate securities on February 5. The company anticipates generating $563.4 million in revenue from this offering, which features an 8% coupon and a $100 liquidation value. The proceeds will primarily be utilized for acquiring more Bitcoin and covering operational expenses. Furthermore, MicroStrategy is committed to its '21/21' strategy, aiming to issue $21 billion in equity and fixed-income securities to finance additional Bitcoin acquisitions. As of late January 2025, the company's Bitcoin holdings total 471,107 BTC, valued at around $49.4 billion. MicroStrategy's chairman, Michael Saylor, also announced recent purchases valuing $1.1 billion, as well as plans to redeem its 2027 convertible senior notes. Additionally, MicroStrategy has jointly opposed the corporate alternative minimum tax with Coinbase, which could impose significant tax liabilities on unrealized gains from their cryptocurrency holdings if not adjusted.

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