Microstrategy stock offering oversubscribed 3x as ‘Bitcoin Effect’ continues

Posted On January 31, 2025

MicroStrategy’s recently-announced perpetual convertible preferred stock offering has been oversubscribed by nearly 3 times the expected volume of 2.5 million shares. An automated alert sent out by Fidelity Investments on January 30, 2025 revealed that $STRK raised at least $584…