MicroStrategy Reports Sales of Class A Common Stock, STRK Offering, Bitcoin Holdings Update, and 2027 Notes Redemption in Recent 8-K Filing

MicroStrategy Incorporated recently disclosed its latest financial activities in an 8-K filing with the U.S. Securities and Exchange Commission. The company announced that it sold 516,413 shares of its class A common stock, par value $0.001 per share, generating approximately $179 million in net proceeds under a Sales Agreement with various agents. As of February 9, 2025, there are around $4.17 billion worth of shares available for issuance and sale through this agreement.

Moreover, MicroStrategy completed a public offering of 7,300,000 shares of its 8.00% Series A Perpetual Strike Preferred Stock (STRK Offering) at $80.00 per share, expecting net proceeds of roughly $563.4 million after expenses.

In terms of Bitcoin holdings, the company acquired approximately 7,633 bitcoins for about $742.4 million between February 3 and February 9, 2025, using proceeds from the Sales Agreement and the STRK Offering. MicroStrategy now holds around 478,740 bitcoins acquired at an aggregate purchase price of about $31.1 billion.

Another notable update is the redemption of the outstanding 0.0% Convertible Senior Notes due 2027. MicroStrategy received conversion requests for approximately $757.8 million in principal amount of these notes, equivalent to 5,322,389 shares to be issued upon settlement.

The company also provided key performance indicators (KPIs) for the period from January 1, 2025, to February 9, 2025. Notably, the BTC Yield was 4.1%, the BTC Gain was 18,527 bitcoins, and the BTC $ Gain stood at $1.785 billion.

MicroStrategy emphasized that BTC Yield, BTC Gain, and BTC $ Gain metrics are used as supplemental KPIs to evaluate the company’s Bitcoin acquisition strategy in a manner believed to benefit shareholders. These metrics do not replace traditional financial assessments and have inherent limitations.

Additionally, MicroStrategy introduced a dashboard on its website (strategy.com) for transparent dissemination of information, including material updates on market data, BTC-related KPIs, and capital markets activities.

It is important to note that the information furnished in the 8-K filing is not considered “filed” according to the Securities Exchange Act of 1934, nor is it integrated by reference in subsequent filings, unless expressly specified.

MicroStrategy’s Executive Vice President and General Counsel, W. Ming Shao, has duly signed the report on February 10, 2025.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read MicroStrategy’s 8K filing here.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.