This document serves as a prospectus supplement detailing the offering of up to $4,200,000,000 of MicroStrategy Incorporated's Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC Stock. The offering is conducted through an "at-the-market" program managed by a group of leading agents, including TD Securities, Barclays Capital, The Benchmark Company, Clear Street, and Morgan Stanley.
MicroStrategy, a company recognized as a pioneer in AI-powered enterprise analytics and the world's first and largest Bitcoin Treasury Company, is offering this preferred stock. The proceeds are intended for general corporate purposes, including the acquisition of Bitcoin and working capital. The STRC Stock is listed on The Nasdaq Global Select Market under the trading symbol "STRC."
Key details of the offering include:
- Offering Amount: Up to $4,200,000,000
- Security Type: Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock)
- Listing: The Nasdaq Global Select Market (STRC)
- Agents: TD Securities, Barclays Capital, The Benchmark Company, Clear Street, Morgan Stanley
- Purpose of Proceeds: General corporate purposes, acquisition of Bitcoin, working capital.
Investors are encouraged to review the full prospectus supplement and accompanying prospectus for comprehensive details and risk factors associated with this investment. For more information about MicroStrategy, visit their official website.
Learn more at MicroStrategy's Official Website.