Strategy convertible preferred stock STRK will be listed on Nasdaq this Thursday

GateUser-6433627c · 2025-02-06T17:02:09+00:00

MicroStrategy's convertible preferred stock STRK will be listed on Nasdaq this Thursday. The company plans to achieve a BTC yield of $10 billion by 2025, with a target BTC yield rate of 15%. The company has used an ATM stock issuance limit of $17 billion in financing, with issuance volume accounting for only 2.9% of the total volume.

GateUser-6433627c

2025-02-06 17:02:09

Abstract generation in progress

【Strategy convertible preferred stock STRK will be listed on Nasdaq this Thursday】Strategy (formerly MicroStrategy) announced at the fourth quarter earnings conference on February 6th that its convertible preferred stock STRK will be listed on Nasdaq this Thursday. The financial report shows that the company’s loss per share in the fourth quarter was $3.03, due to a $1 billion impairment loss caused by not adopting FASB accounting standards. The company stated that it will adopt the new standards starting this quarter. In the newly set performance indicators, Strategy plans to achieve $1 billion in BTC returns by 2025, and has already completed $1.24 billion; at the same time, the target BTC return rate is set at 15%, and the current return rate is 2.9%. In terms of financing, the company has used $21 billion of the $17 billion ATM (at-the-market) stock issuance limit, with the stock issuance accounting for only 2.9% of the total trading volume, reaching a peak of 7% during the week of November 11-15.

STRK-3,19%

BTC-2,36%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.