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MicroStrategy Announces Offering of 5 Million Series A Perpetual Strike Preferred Stock for Bitcoin Purchases

The company plans to use the net proceeds from the stock sale for general corporate purposes, including the purchase of a large amount of Bitcoin. This decision reflects MicroStrategy’s view of Bitcoin as a long-term store of value.

You can see MicroStrategy's Series A Perpetual Strike Preferred Stock offers in a nutshell like this: An investor buying 100 shares would receive $1,000 yearly ($250 quarterly) if dividends are paid, with missed payments accruing and compounding at increasing rates.

More details:

MicroStrategy Announces Offering of 5 Million Series A Perpetual Strike Preferred Stock for Bitcoin Purchases

The company plans to use the net proceeds from the stock sale for general corporate purposes, including the purchase of a large amount of Bitcoin. This decision reflects MicroStrategy’s view of Bitcoin as a long-term store of value.

You can see MicroStrategy's Series A Perpetual Strike Preferred Stock offers in a nutshell like this: An investor buying 100 shares would receive $1,000 yearly ($250 quarterly) if dividends are paid, with missed payments accruing and compounding at increasing rates.

More details: https://www.cryptoninjas.net/news/microstrategy-announces-offering-of-5-million-series-a-perpetual-strike-preferred-stock-for-bitcoin-purchases/