MicroStrategy sold preferred stock at a 20% discount, pushing investor yields to 10%."
Crypto 7x24
2025-02-05 10:10:54
2299
Online reported that MicroStrategy last week sold preferred stock units, a debt-like security with a coupon rate of 8%. The shares were sold at $80 per share, 20% below the market price, effectively pushing buyers 'yields to 10%, a significant concession to complete the deal.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.