What’s Going On With Strategy Stock Monday?
Posted On March 10, 2025
MicroStrategy Inc (NASDAQ:MSTR) shares are trading lower Monday after the company announced a $21 billion at-the-market offering program to issue and sell Series A preferred stock.
What Happened: Before the market open on Monday, Strategy announced it entered into a sales agreement under which the company may issue and sell shares of its 8% series A perpetual strike preferred stock having an aggregate offering price of up to $21 billion.
Strategy said it plans to sell its perpetual strike preferred stock over an extended …
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