• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    MicroStrategy Incorporated filed SEC Form 8-K: Other Events, Regulation FD Disclosure

    6/2/25 8:00:07 AM ET
    $MSTR
    Computer Software: Prepackaged Software
    Technology
    Get the next $MSTR alert in real time by email
    8-K
    0001050446falseMICROSTRATEGY Inc0001050446mstr:TenPointZeroZeroPercentSeriesAPerpetualStrikePreferredStockMember2025-03-312025-03-310001050446us-gaap:CommonClassAMember2025-03-312025-03-310001050446mstr:EightPointZeroZeroPercentSeriesAPerpetualStrikePreferredStockMember2025-03-312025-03-3100010504462025-03-312025-03-31

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(d)

    OF THE SECURITIES EXCHANGE ACT OF 1934

    Date of Report (Date of earliest event reported): June 2, 2025

     

    img7181611_0.jpg

    MICROSTRATEGY INCORPORATED

    (Exact name of registrant as specified in its charter)

     

     

    Delaware

    001-42509

    51-0323571

    (State or other jurisdiction

    of incorporation)

    (Commission

    File Number)

    (I.R.S. Employer

    Identification No.)

     

    1850 Towers Crescent Plaza

    Tysons Corner, Virginia

    22182

    (Address of principal executive offices)

    (Zip Code)

    Registrant’s telephone number, including area code: (703) 848-8600

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of Each Class

    Trading
    Symbol

    Name of Each Exchange

    on which Registered

    Class A common stock, par value $0.001 per share

    MSTR

    The Nasdaq Global Select Market

    8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share

     

    STRK

     

    The Nasdaq Global Select Market

     

    10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share

     

    STRF

     

    The Nasdaq Global Select Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     


     

    Item 8.01 Other Events.

     

     

    ATM Updates

    On June 2, 2025, MicroStrategy Incorporated d/b/a Strategy (“Strategy” or the “Company”) announced updates with respect to its at-the-market offering programs:

    ATM Program Summary

     

     

    During Period

    May 26, 2025 to June 1, 2025

     

     

    As of

    June 1, 2025

     

     

     

    Shares Sold

     

     

    Net Proceeds(1)

     

     

    Available for

    Issuance and Sale

    Common ATM

     

     

    -

     

     

     

    -

     

     

     

    $18.63 billion of MSTR Shares

    Securities Offered: Class A Common Stock, $0.001 par value per share (“MSTR Shares”)

     

     

     

     

     

     

     

     

     

    Size: $21 billion

     

     

     

     

     

     

     

     

     

    Established: May 1, 2025

     

     

     

     

     

     

     

     

     

    STRK ATM

     

     

    353,511 STRK Shares

     

     

    $36.2 million

     

     

     

    $20.68 billion of STRK Shares

    Securities Offered: 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“STRK Shares”)

    Size: $21 billion

    Established: March 10, 2025

     

     

     

     

     

     

     

     

     

    STRF ATM

     

     

    374,968 STRF Shares

     

     

     

    $38.4 million

     

     

     

    $2.05 billion of STRF Shares

     

    Securities Offered: 10.00% series A perpetual strike preferred stock, $0.001 par value per share (“STRF Shares”)

    Size: $2.1 billion

    Established: May 22, 2025

     

     

     

     

     

     

     

     

     

    Total

     

     

     

     

     

    $74.6 million

     

     

     

     

    (1) Net proceeds are presented net of sales commission.

     

    BTC Update

    On June 2, 2025, Strategy announced updates with respect to its bitcoin holdings:

     

     

    During Period May 26, 2025 to June 1, 2025

     

     

    As of June 1, 2025

     

    BTC

    Acquired (1)

     

     

    Aggregate

    Purchase

    Price (2)

     

     

    Average

    Purchase

    Price (2)

     

     

    Aggregate

    BTC

    Holdings

     

     

    Aggregate

    Purchase

    Price (2)

     

     

    Average

    Purchase

    Price (2)

     

    705

     

    $

    75.1 million

     

    $

    106,495

     

     

    580,955

     

    $

    40.68 billion

     

    $

    70,023

    (1) The bitcoin purchases were made using proceeds from the STRK ATM and STRF ATM.

     

    (2) Aggregate and average purchase prices are inclusive of fees and expenses.

     

     

     

     

     

     


     

    STRK and STRF Dividends

     

    On June 2, 2025, the Company announced that its board of directors declared quarterly cash dividends of (i) $2.00 per share payable on the STRK Shares, and (ii) approximately $2.64 per share payable on the STRF Shares. The calculation of the quarterly dividend for STRF Shares takes into account the dividend accrued from March 25, 2025, the issuance date of STRF. Payment will be made on June 30, 2025 to stockholders of record of STRK Shares and STRF Shares at the close of business on June 15, 2025.

     

    Item 7.01 Regulation FD Disclosure.

     

    Strategy Dashboard

    The Company also maintains a dashboard on its website (www.strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding the Company to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain KPI metrics and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations under Regulation FD. Investors and others are encouraged to regularly review the information that the Company makes public via the website dashboard.

     

    Furnished Information

    The information disclosed pursuant to Item 7.01 in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

     

     

     


     

    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

     

     

     

     

     

    Date: June 2, 2025

    MicroStrategy Incorporated

    (Registrant)

     

     

     

     

     

     

    By:

    /s/ W. Ming Shao

     

     

    Name:

    W. Ming Shao

     

     

    Title:

    Executive Vice President & General Counsel

     

     

     

     


    Get the next $MSTR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $MSTR

    DatePrice TargetRatingAnalyst
    4/29/2025$480.00Buy
    H.C. Wainwright
    4/1/2025$220.00Neutral → Sell
    Monness Crespi & Hardt
    3/19/2025Neutral
    Monness Crespi & Hardt
    2/7/2025$560.00Outperform
    Keefe Bruyette
    1/29/2025$515.00Outperform
    Mizuho
    10/31/2024$193.00 → $270.00Buy
    Maxim Group
    9/6/2024$146.00Overweight
    Barclays
    8/21/2024$194.00Overweight
    Cantor Fitzgerald
    More analyst ratings

    $MSTR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Strategy Announces Proposed Initial Public Offering of STRD Stock

      Strategy™ (NASDAQ:MSTR, STRK, STRF)) today announced that, subject to market and other conditions, it intends to conduct an initial public offering registered under the Securities Act of 1933, as amended (the "Securities Act"), of 2,500,000 shares of Strategy's 10.00% Series A Perpetual Stride Preferred Stock (the "STRD Stock"). Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital. Dividends on shares of the STRD Stock will not be mandatory. Holders of the STRD Stock will be entitled to receive non-cumulative dividends at a rate per annum equal to 10.00% on the stated amount (as defined be

      6/2/25 4:24:00 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Strategy Announces ATM and BTC Activity Updates

      Raised $427.0 million; Purchased 4,020 BTC; Now Holds 580,250 BTC MicroStrategy® Incorporated d/b/a Strategy™ (NASDAQ:MSTR) ("Strategy" or the "Company"), the largest corporate holder of bitcoin and the world's first Bitcoin Treasury Company, today announced updates with respect to its at-the-market offering programs and bitcoin holdings. ATM Updates Strategy announced updates with respect to its at-the-market offering programs: ATM Program Summary     During Period May 19, 2025 to May 25, 2025     As of May 25, 2025       Shares Sold     Net Proceeds(1)     Available for Issuance and

      5/26/25 8:00:00 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Strategy Announces $2.1 Billion STRF At-The-Market Program

      Strategy™ (NASDAQ:MSTR, STRK, STRF)) today announced that it has entered into a sales agreement pursuant to which Strategy may issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share (the "perpetual strife preferred stock"), having an aggregate offering price of up to $2.1 billion (the "ATM Program"). Strategy expects to make sales of perpetual strife preferred stock pursuant to the ATM Program in a disciplined manner over an extended period, taking into account the trading price and trading volumes of the perpetual strife preferred stock at the time of sale. Strategy intends to use the net proceeds from the ATM Program for general corpora

      5/22/25 8:00:00 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • H.C. Wainwright initiated coverage on MicroStrategy d/b/a Strategy with a new price target

      H.C. Wainwright initiated coverage of MicroStrategy d/b/a Strategy with a rating of Buy and set a new price target of $480.00

      4/29/25 8:12:45 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • MicroStrategy d/b/a Strategy downgraded by Monness Crespi & Hardt with a new price target

      Monness Crespi & Hardt downgraded MicroStrategy d/b/a Strategy from Neutral to Sell and set a new price target of $220.00

      4/1/25 7:37:38 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Monness Crespi & Hardt initiated coverage on MicroStrategy d/b/a Strategy

      Monness Crespi & Hardt initiated coverage of MicroStrategy d/b/a Strategy with a rating of Neutral

      3/19/25 7:41:42 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Financials

    Live finance-specific insights

    See more
    • Defiance ETFs Announces First Weekly Distribution of $0.3350/Share for $MST: Defiance Leveraged Long + Income MSTR ETF

      MIAMI, May 20, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is pleased to announce the first weekly distribution for the Defiance Leveraged Long + Income MSTR ETF ($MST), the first leveraged MicroStrategy ETF designed to provide amplified exposure to MicroStrategy Incorporated (NASDAQ:MSTR) alongside consistent weekly income through an options-driven strategy. 05-20-2025 $MST Distribution Details - Ex & Record Date: 05/21/2025 - Payable Date: 05/22/2025 - $MST distribution: $0.3350/share- Estimated Return of Capital as of 5/22/25: 99.29%. As of 04/30/2025, the 30-Day SEC Yield for $MST is --.--%. Why $MST? - Leveraged Exposure: $MST seeks to deliver approximately 150% to 200% of MicroStrateg

      5/20/25 12:01:00 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • MicroStrategy is Now Strategy

      Highlights Strategy unveils new name, Bitcoin logo, and orange brand color New websites launched for Strategy software and branded merchandise Leadership to address new brand at Earnings Call today at 5 PM EST. MicroStrategy® Incorporated (NASDAQ:MSTR) today announced it is now doing business as Strategy™. Strategy is the world's first and largest Bitcoin Treasury Company, the largest independent, publicly traded business intelligence company, and a Nasdaq 100 stock. This brand simplification is a natural evolution of the company, reflecting its focus and broad appeal. The new logo includes a stylized "B", signifying the company's Bitcoin strategy, and its unique position as a B

      2/5/25 1:00:00 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • MicroStrategy to Target a Capital Raise of Up to $2 Billion of Preferred Stock

      MicroStrategy Incorporated (NASDAQ:MSTR) ("MicroStrategy"), in furtherance of its previously announced 21/21 Plan, a capital plan to raise $21 billion of equity and $21 billion of fixed income instruments, including debt, convertible notes and preferred stock, over the next three years, today announces it is targeting a capital raise of up to $2 billion through one or more public underwritten offerings (the "Offering") of perpetual preferred stock which will be senior to our class A common stock. The perpetual preferred stock may include features such as (i) convertibility to our class A common stock, (ii) payment of cash dividends, and (iii) provisions allowing for redemptions of shares, a

      1/3/25 4:30:00 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by MicroStrategy Incorporated

      SC 13G - MICROSTRATEGY Inc (0001050446) (Subject)

      11/14/24 6:24:12 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13G/A filed by MicroStrategy Incorporated

      SC 13G/A - MICROSTRATEGY Inc (0001050446) (Subject)

      11/14/24 12:56:07 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13G/A filed by MicroStrategy Incorporated

      SC 13G/A - MICROSTRATEGY Inc (0001050446) (Subject)

      10/25/24 5:17:56 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Rickertsen Carl J exercised 27,370 shares at a strike of $41.30 and sold $9,827,744 worth of shares (26,390 units at $372.40) (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/3/25 8:45:31 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Director Patten Jarrod M converted options into 980 shares, increasing direct ownership by 4% to 28,000 units (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/3/25 8:37:47 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 4 filed by Director Dietze Jane A

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/3/25 8:35:30 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Leadership Updates

    Live Leadership Updates

    See more
    • LatticeFlow AI Appoints Tom Ulrich as SVP and General Manager for North America

      LatticeFlow AI, the leading Artificial Intelligence (AI) platform for enabling enterprises to build performant, safe, and trustworthy AI systems at scale, today announced the appointment of Tom Ulrich as Senior Vice President and General Manager for North America. More recently, Tom served as Vice President of Sales, Financial Services at C3.AI, where he played a key role in launching the company's AI banking business which led to a successful IPO in 2019 (NYSE:AI). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240201601542/en/(Graphic: Business Wire) Tom's appointment follows LatticeFlow AI's strategic expansion into the US ma

      2/1/24 8:00:00 AM ET
      $AI
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • MicroStrategy Appoints Carla Fitzgerald as Chief Marketing Officer

      MicroStrategy® Incorporated (NASDAQ:MSTR), a pioneer in AI-powered business intelligence, today announced the appointment of Carla Fitzgerald as the company's new Chief Marketing Officer (CMO). A B2B and tech industry veteran with experience spanning three decades, Carla brings a wealth of expertise in go-to-market strategy, revenue growth, and thought-leader positioning to her role at MicroStrategy. Before joining MicroStrategy, Carla served as the CMO of BigBear.ai, a provider of AI-powered decision intelligence solutions for global supply chain and logistics, cybersecurity, and autonomous systems. Her career in technology marketing also includes leadership roles as CMO for Spireon and

      11/15/23 8:00:00 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Saviynt Raises $205M; Founder Rejoins as CEO, Appoints Seasoned President to Accelerate its Leadership in Identity Management

      Company's Converged Identity Platform Has More Than Doubled in Revenue and Customers Since 2020 Launch Saviynt, a leading provider of intelligent identity and access governance solutions, today announced that it has closed $205 million in growth financing from AB Private Credit Investors' Tech Capital Solutions group, an affiliate of global investment management firm AllianceBernstein. The company will use this funding to meet the market's growing demand for its converged identity platform and accelerate innovation. The company also welcomes back its founder Sachin Nayyar as the newly appointed Chief Executive Officer. Nayyar first led Saviynt from inception in 2011 to leadership in the i

      1/31/23 6:00:00 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Patten Jarrod M sold $241,300 worth of shares (650 units at $371.23), bought $1,013,780 worth of Series A Perpetual Strife Preferred Stock (10,000 units at $101.38) and exercised 1,700 shares at a strike of $17.60, decreasing direct ownership by 52% to 10,000 units (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      5/29/25 5:10:57 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • EVP & CFO Kang Andrew bought $127,500 worth of Series A Perpetual Strife Preferred Stock (1,500 units at $85.00) (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      3/24/25 4:09:12 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • EVP & General Counsel Shao Wei-Ming bought $42,500 worth of Series A Perpetual Strife Preferred Stock (500 units at $85.00) (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      3/24/25 4:07:38 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    SEC Filings

    See more
    • SEC Form 144 filed by MicroStrategy Incorporated

      144 - MICROSTRATEGY Inc (0001050446) (Subject)

      6/3/25 11:12:47 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • SEC Form FWP filed by MicroStrategy Incorporated

      FWP - MICROSTRATEGY Inc (0001050446) (Subject)

      6/3/25 8:09:12 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 8-K filed by MicroStrategy Incorporated

      8-K - MICROSTRATEGY Inc (0001050446) (Filer)

      6/2/25 5:27:23 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology