MicroStrategy to Target a Capital Raise of Up to $2 Billion of Preferred Stock
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MicroStrategy plans to raise up to $2 billion through public offerings of perpetual preferred stock as part of its 21/21 Plan to raise $21 billion in equity and fixed income instruments over three years.
January 03, 2025 | 9:45 pm
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MicroStrategy is planning to raise up to $2 billion through public offerings of perpetual preferred stock. This is part of their larger 21/21 Plan to raise $21 billion in equity and fixed income over three years.
The announcement of a significant capital raise through preferred stock offerings is likely to impact MicroStrategy's stock price positively in the short term. This move is part of a larger strategic plan to raise substantial capital, which could be seen as a growth initiative. Investors may view this as a positive step towards strengthening the company's financial position.
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