MicroStrategy Executives Invest in New Preferred Stock Offering

According to PANews, three executives from MicroStrategy have recently subscribed to the company's newly issued preferred stock, priced at $85 with an annual yield of approximately 11.75%. This yield is significantly higher than the company's existing convertible preferred stock, STRK, which offers a 9.2% yield. The latest issuance has raised a total of $711 million, and the new stock is listed under the code STRF. Notably, these shares are not convertible into common stock. It is important to highlight that since 2022, the company's executives have not increased their holdings of common stock.