MicroStrategy Announces New Convertible Preferred Stock “STRK”
On January 27th, Michael Saylor announced on X platform that MicroStrategy is launching a new convertible preferred stock offering called Proposed Strike Preferred Stock Offering (STRK), which is available for institutional investors and some retail investors to purchase. Barclays, Moelis & Company LLC, BTIG, TD Cowen, and Keefe, Bruyette & Woods, A Stifel Company are serving as joint book-running managers for this offering. AmeriVet, Bancroft Capital, and The Benchmark Company are serving as joint underwriters for this offering.
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