Key Points:
- Strategy sold 516,413 shares (Feb 3-9, 2025) under its Sales Agreement, with $4.17B in shares still available for future issuance.
- The company completed its 7.3M Series A Preferred Stock sale at $80 per share, strengthening its financial position.
- Strategy acquired 7,633 BTC, reinforcing its aggressive crypto strategy and market influence.
According to a Form 8-K filing, Strategy (formerly MicroStrategy) has made significant financial moves between February 3 and February 9, 2025.
Massive MicroStrategy Shares Sale Raises Millions
The company sold 516,413 MicroStrategy shares under its Sales Agreement signed on October 30, 2024, generating approximately $179 million in net proceeds after deducting commissions. Despite this sale, $4.17 billion worth of MicroStrategy shares remain available for issuance and sale.
In a separate transaction on February 5, 2025, Strategy completed its STRK Offering, selling 7.3 million shares of its 8.00% Series A Perpetual Exercisable Preferred Stock at $80 per share. The company expects net proceeds of around $563.4 million, factoring in underwriting discounts and estimated expenses.
Strategy Expands Bitcoin Holdings with Big Investment
Strategy continues its aggressive Bitcoin acquisition strategy. Reports indicate that earlier today, the company spent $742.4 million to purchase 7,633 BTC, reinforcing its position as a leading institutional Bitcoin holder.
With billions of MicroStrategy shares still available for potential issuance and its increasing focus on Bitcoin, Strategy remains a key player in both the traditional equity market and the cryptocurrency space. Investors will be watching closely as the company’s moves with MicroStrategy shares and Bitcoin impact its stock performance and overall financial strategy.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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