• 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

    Strategy Announces Proposed Initial Public Offering of STRD Stock

    6/2/25 4:24:00 PM ET
    $MSTR
    Computer Software: Prepackaged Software
    Technology
    Get the next $MSTR alert in real time by email

    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 below) thereof, out of funds legally available for their payment to the extent paid in cash, only when, as, and if declared by our board of directors or any duly authorized committee thereof. If declared, regular dividends on the STRD Stock will be payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, beginning on September 30, 2025. Since regular dividends are not cumulative, Strategy will not have any obligation to pay any regular dividend for any regular dividend period unless Strategy declares such regular dividend prior to the regular dividend payment date for such regular dividend period. No dividend, interest or other amount will accumulate or accrue on any unpaid regular dividends, regardless of whether regular dividends are declared for any future regular dividend period. Declared regular dividends on the STRD Stock will be payable solely in cash in the manner, and subject to the provisions, described in the prospectus supplement for the offering.

    Strategy will have the right, at its election, to redeem all, but not less than all, of the STRD Stock, at any time, for cash if the total number of shares of all STRD Stock then outstanding is less than 25% of the total number of shares of STRD Stock originally issued in the offering and in any future offering, taken together. In addition, Strategy will have the right to redeem all, but not less than all, of the STRD Stock if certain tax events occur. The redemption price for any STRD Stock to be redeemed will be a cash amount equal to the liquidation preference of the STRD Stock to be redeemed as of the business day before the date on which Strategy sends the related redemption notice, plus declared and unpaid regular dividends, if any, that will have accrued to, but excluding, the redemption date (and without payment of any undeclared regular dividends).

    If an event that constitutes a "fundamental change" under the certificate of designations governing the STRD Stock occurs, then, holders of the STRD Stock will have the right to require Strategy to repurchase some or all of their shares of STRD Stock at a cash repurchase price equal to the stated amount of the STRD Stock to be repurchased, plus declared and unpaid regular dividends, if any, that will have accrued to, but excluding the fundamental change repurchase date (and without payment of any undeclared regular dividends).

    The liquidation preference of the STRD Stock will initially be $100 per share (the "stated amount"). Effective immediately after the close of business on each business day after the initial issue date (and, if applicable, during the course of a business day on which any sale transaction to be settled by the issuance of STRD Stock is executed, from the exact time of the first such sale transaction during such business day until the close of business of such business day), the liquidation preference per share will be adjusted to be the greatest of (i) the stated amount per share of STRD Stock; (ii) in the case of any business day with respect to which Strategy has, on such business day or any business day during the ten trading day period preceding such business day, executed any sale transaction to be settled by the issuance of STRD Stock, an amount equal to the last reported sale price per share of STRD Stock on the trading day immediately before such business day; and (iii) the arithmetic average of the last reported sale prices per share of STRD Stock for each trading day of the ten consecutive trading days (or, if applicable, the lesser number of trading days as have elapsed during the period from, and including, the initial issue date to, but excluding, such business day) immediately preceding such business day.

    Barclays, Morgan Stanley, Moelis & Company and TD Securities are acting as joint book-running managers for the offering. The Benchmark Company, AmeriVet Securities, Bancroft Capital, BTIG and Keefe, Bruyette & Woods are acting as co-managers for the offering.

    The offering is being made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the "SEC"). The offering will be made only by means of a prospectus supplement and an accompanying prospectus. An electronic copy of the preliminary prospectus supplement, together with the accompanying prospectus, is available on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement, together with the accompanying prospectus, can be obtained by contacting: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at [email protected] or telephone at 1-888-603-5847, Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by phone: 1-866-718-1649 or by email: [email protected], Moelis & Company LLC, 399 Park Avenue, 4th Floor, New York, New York 10022 or by telephone at (800) 539-9413, or TD Securities (USA) LLC, 1 Vanderbilt Avenue, 11th Floor, New York, NY 10017, by telephone at (855) 495-9846.

    This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    About Strategy

    MicroStrategy Incorporated d/b/a Strategy (NASDAQ:MSTR) is the world's first and largest Bitcoin Treasury Company. We are a publicly traded company that has adopted Bitcoin as our primary treasury reserve asset. By using proceeds from equity and debt financings, as well as cash flows from our operations, we strategically accumulate Bitcoin and advocate for its role as digital capital. Our treasury strategy is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. In addition, we provide industry-leading AI-powered enterprise analytics software, advancing our vision of Intelligence Everywhere. We leverage our development capabilities to explore innovation in Bitcoin applications, integrating analytics expertise with our commitment to digital asset growth. We believe our combination of operational excellence, strategic Bitcoin reserve, and focus on technological innovation positions us as a leader in both the digital asset and enterprise analytics sectors, offering a unique opportunity for long-term value creation.

    Strategy, MicroStrategy, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the size and timing of the offering, the anticipated use of any proceeds from the offering and the terms of the securities being offered. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions and the completion of the offering on the anticipated terms or at all, the other factors discussed in the "Risk Factors" section of Strategy's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 5, 2025 and the risks described in other filings that Strategy may make with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Strategy specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250602575442/en/

    Strategy

    Shirish Jajodia

    Corporate Treasurer

    [email protected]

    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
    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 bought $425,000 worth of Series A Perpetual Stride Preferred Stock (5,000 units at $85.00) (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/9/25 7:45:05 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • EVP & General Counsel Shao Wei-Ming converted options into 3,830 shares, bought $299,795 worth of Series A Perpetual Stride Preferred Stock (3,527 units at $85.00) and sold $637,094 worth of shares (1,701 units at $374.54), increasing direct ownership by 20% to 12,726 units (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/9/25 7:41:18 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • EVP & CFO Kang Andrew sold $703,012 worth of shares (1,877 units at $374.54), converted options into 4,260 shares and bought $191,250 worth of Series A Perpetual Stride Preferred Stock (2,250 units at $85.00), increasing direct ownership by 11% to 24,460 units (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/9/25 7:39:53 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    SEC Filings

    See more
    • MicroStrategy Incorporated filed SEC Form 8-K: Other Events

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

      6/23/25 9:00:28 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • MicroStrategy Incorporated filed SEC Form 8-K: Other Events, Regulation FD Disclosure

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

      6/23/25 8:00:28 AM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 8-K filed by MicroStrategy Incorporated

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

      6/16/25 4:03:23 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
    • President & CEO Le Phong gifted 8,400 shares, decreasing direct ownership by 34% to 16,390 units (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/20/25 4:19:04 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Director Patten Jarrod M bought $425,000 worth of Series A Perpetual Stride Preferred Stock (5,000 units at $85.00) (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/9/25 7:45:05 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • VP & CAO Montgomery Jeanine converted options into 1,140 shares and sold $127,343 worth of shares (340 units at $374.54), increasing direct ownership by 10% to 8,605 units (SEC Form 4)

      4 - MICROSTRATEGY Inc (0001050446) (Issuer)

      6/9/25 7:42:52 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology

    $MSTR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • UPDATE -- Gemini to List Dinari's Tokenized U.S. Equities, Bringing Access to European Investors

      A previously issued version of this release referenced availability in the Asia-Pacific region. At this time, the offering is only available to Gemini customers in Europe. SAN FRANCISCO, June 27, 2025 (GLOBE NEWSWIRE) -- Gemini today listed its first tokenized U.S. stock, MicroStrategy (NASDAQ:MSTR), powered by Dinari, the leading provider of tokenized U.S. public securities. The launch opens trading to customers in Europe and kicks off a series of public-equity offerings that pair Dinari's tokenization-on-demand infrastructure with Gemini's regulated platform. Gemini has a history of debuting regulated, first-to-market products, from insured custody to the industry's earliest SOC-certif

      6/27/25 5:43:18 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Gemini to List Dinari's Tokenized U.S. Equities, Bringing Access to European Investors

      SAN FRANCISCO, June 27, 2025 (GLOBE NEWSWIRE) -- Gemini today listed its first tokenized U.S. stock, MicroStrategy (NASDAQ:MSTR), powered by Dinari, the leading provider of tokenized U.S. public securities. The launch opens trading to customers in Europe and Asia-Pacific and kicks off a series of public-equity offerings that pair Dinari's tokenization-on-demand infrastructure with Gemini's regulated platform. Gemini has a history of debuting regulated, first-to-market products, from insured custody to the industry's earliest SOC-certified exchange. Adding tokenized U.S. equities is the next step in that roadmap, layering real-world stocks onto a venue that already supports more than 80

      6/27/25 4:41:48 PM ET
      $MSTR
      Computer Software: Prepackaged Software
      Technology
    • Strategy Announces General Availability of Strategy Mosaic™, the AI-Powered Universal Intelligence Layer

      Strategy (formerly MicroStrategy) today announced the general availability of Strategy Mosaic™, a groundbreaking AI-powered Universal Intelligence Layer designed to enable AI applications. As organizations modernize their data infrastructures, they often encounter challenges with siloed systems that lead to inconsistent metrics and governance gaps. This lack of clean, connected, and organized data is one of the greatest barriers to AI adoption. Strategy Mosaic addresses this issue by connecting disparate data sources across the enterprise, providing consistent and secure access to information that empowers both business users and AI applications. Sitting atop any database or data warehous

      6/24/25 9:06:00 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
    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
    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