Strategy - MSTR STOCK NEWS

Strategy (MSTR/STRK) has announced the pricing of its 8.5 million shares of 10.00% Series A Perpetual Strife Preferred Stock offering at $85.00 per share. The company expects to raise approximately $711.2 million in net proceeds after deducting underwriting costs.

The preferred stock will accumulate cumulative dividends at a fixed rate of 10.00% per annum on the stated amount of $100 per share, payable quarterly starting June 30, 2025. If dividends are unpaid, compounded dividends will accumulate at an initial rate of 11%, increasing by 100 basis points quarterly up to 18% per annum.

The company plans to use the proceeds for general corporate purposes, including bitcoin acquisition and working capital. The offering is expected to settle on March 25, 2025. Morgan Stanley, Barclays, Citigroup, and Moelis & Company are acting as joint book-running managers.

Amica Mutual Insurance Company has implemented Strategy One's HyperIntelligence® technology to enhance its call center operations and generate new revenue streams. The AI-powered business intelligence platform seamlessly integrates data insights into representative workflows, improving operational efficiency and customer service quality.

According to Christina Perfetti, Managing Vice President of Actuarial at Amica, the platform helps democratize data across the organization. Ray Zientara, Assistant Vice President of Enterprise Data Solutions, highlighted that HyperIntelligence provides a cost-effective solution for sharing trusted data with representatives during customer service calls.

The implementation enables Claims and Sales teams to deliver high-quality customer care while reducing system integration costs. Amica will showcase the business impact of HyperIntelligence adoption in a webinar scheduled for Tuesday, April 8 at 12 p.m. Eastern Time.

Strategy (Nasdaq: MSTR; STRK) has announced plans to offer 5,000,000 shares of Series A Perpetual Strife Preferred Stock in a public offering. The stock will feature a 10.00% fixed annual cumulative dividend rate, payable quarterly starting June 30, 2025.

The company plans to use the proceeds for general corporate purposes, including bitcoin acquisition and working capital. If dividends are unpaid, compounded dividends will accumulate at an initial rate of 11% per annum, potentially increasing by 100 basis points quarterly up to 18% annually.

The preferred stock's initial liquidation preference is $100 per share, with daily adjustments based on market conditions. Strategy retains redemption rights if outstanding shares fall below 25% of total issued shares or upon certain tax events. Morgan Stanley, Barclays, Citigroup, and Moelis & Company are serving as joint book-running managers for the offering.

Strategy (MSTR) has announced a significant $21 billion At-The-Market (ATM) Program for its 8.00% series A perpetual strike preferred stock. The program allows the company to sell shares of preferred stock that are convertible into class A common stock.

The company plans to implement sales in a disciplined manner over an extended period, considering trading price and volume conditions. The net proceeds will be used for general corporate purposes, including bitcoin acquisition and working capital.

The ATM offering is being made through a prospectus supplement filed on March 10, 2025, under an automatic shelf registration statement that became effective on January 27, 2025.

Strategy (MSTR) has successfully completed its offering of $2 billion in 0% convertible senior notes due 2030. The notes, sold exclusively to qualified institutional buyers under Rule 144A, are senior, unsecured obligations that don't bear regular interest. The initial conversion rate is 2.3072 shares of class A common stock per $1,000 principal amount, representing a conversion price of approximately $433.43 per share.

The notes will mature on March 1, 2030, with noteholders having conversion rights under specific conditions before December 3, 2029, and at any time thereafter. Strategy can settle conversions through cash, class A common stock shares, or a combination of both. The company raised net proceeds of approximately $1.99 billion, which it plans to use for general corporate purposes, including bitcoin acquisition and working capital.

Strategy (MSTR) has announced the pricing of $2.0 billion convertible senior notes due 2030 in a private offering to qualified institutional buyers. The notes will be senior, unsecured obligations with 0% regular interest and will mature on March 1, 2030.

The initial conversion rate is 2.3072 shares of class A common stock per $1,000 principal amount, representing a conversion price of approximately $433.43 per share - a 35% premium over the weighted average price of $321.0514. The company expects net proceeds of approximately $1.99 billion, which will be used for general corporate purposes, including bitcoin acquisition and working capital.

The notes include provisions for early conversion, redemption after March 5, 2027, and repurchase rights for noteholders in case of a fundamental change. An additional option for purchasers to acquire up to $300 million in notes has been granted.

Strategy (MSTR) has announced plans to offer $2.0 billion in 0% convertible senior notes due 2030 through a private offering to qualified institutional buyers. The company may grant initial purchasers an option for an additional $300 million in notes.

The notes will be senior, unsecured obligations without regular interest. Holders can convert notes under certain conditions, with Strategy settling conversions through cash, class A common stock, or a combination. The notes will be redeemable after March 5, 2027, if Strategy's stock price exceeds 130% of the conversion price.

Strategy plans to use the proceeds for general corporate purposes, including bitcoin acquisition and working capital. The offering will be conducted under Rule 144A of the Securities Act, and the company will host a Video Webinar on February 19, 2025, to discuss the offering with qualified institutional buyers.

Strategy (MSTR) reported Q4 2024 financial results, highlighting its position as the largest corporate bitcoin holder with 471,107 BTC. The company achieved a 74.3% BTC Yield in FY 2024 and revised its 2025 BTC Yield target to a minimum of 15%. During Q4, Strategy acquired 218,887 bitcoins for $20.5 billion.

Key financial highlights include: Total revenues decreased 3.0% year-over-year to $120.7 million, with subscription services revenues increasing 48.4%. The company reported a net loss of $670.8 million ($3.03 per diluted share), compared to net income of $89.1 million in Q4 2023. Digital assets carrying value was $23.909 billion, with bitcoin holdings having a market value of $41.789 billion at an average cost of $62,503 per bitcoin.

The company raised significant capital through various channels, including $15.1 billion from stock sales in Q4 2024, $3.0 billion from convertible notes, and $563.4 million from preferred stock in January 2025.

MicroStrategy has announced its rebranding to Strategy™, positioning itself as the world's first and largest Bitcoin Treasury Company and the largest independent, publicly traded business intelligence company. The company unveiled a new brand identity featuring a Bitcoin-inspired logo with a stylized 'B' and adopted orange as its primary brand color to represent energy, intelligence, and Bitcoin.

The rebranding reflects the company's evolution and dual focus on Bitcoin and artificial intelligence technologies. Strategy has launched new websites for its software offerings and branded merchandise at strategysoftware.com and store.strategy.com respectively. The company will discuss the new brand during its earnings call scheduled for 5 PM EST.