Microstrategy Filed Prospectus Supplement Related To Offering Of Class A Common Stock Of Up To $750M
Portfolio Pulse from Charles Gross
MicroStrategy has filed a prospectus supplement related to the offering of Class A common stock of up to $750 million.
August 04, 2023 | 10:34 am
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MicroStrategy's filing of a prospectus for a $750 million stock offering could dilute existing shareholders' equity.
MicroStrategy's filing of a prospectus for a $750 million stock offering could lead to dilution of existing shareholders' equity. This is because when a company issues more shares, it increases the total number of outstanding shares, which can decrease the value of existing shares. Therefore, this news could potentially have a negative impact on the company's stock price in the short term.
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