MicroStrategy’s 8% Preferred Issue Is Coming Thursday: What Investors Should Know - Barron's
1. MicroStrategy plans to issue $250M in convertible preferred stock. 2. The new securities will yield 8% annually, attracting diverse investors. 3. MicroStrategy holds nearly $50B in Bitcoin, supporting its financial strategies. 4. Convertible preferred shares can be swapped for MicroStrategy common stock. 5. Dividends on the preferred stock could be paid in shares or cash.