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Strategy: According to last year's "Sales Agreement", there are still about 4.17 billion dollars worth of shares available for issuance and sale

Strategy: According to last year's "Sales Agreement", there are still about 4.17 billion dollars worth of shares available for issuance and sale

Bitget2025/02/10 14:49

News on February 10, according to the Form 8-K filed by Strategy (formerly MicroStrategy), from February 3, 2025 to February 9, 2025, under the "Sales Agreement" signed on October 30 last year, the company sold a total of 516,413 shares. The total net proceeds (after deducting sales commissions) were approximately $179 million. As of February 9, 2025, there are still about $4.17 billion in shares available for issuance and sale under the "Sales Agreement". In addition, on February 5th ,2025 ,the company completed its previously announced public offering plan of issuing7 ,300 ,000 series A perpetual preferred stocks with an exercise priority rate of 8% ("STRK issue") at a public offering price of $80 per share. After deducting underwriting discounts and commissions as well as estimated issuance costs by the company itself,the net proceeds from STRK issue is expected to be around $563.4 million.

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