MicroStrategy Raises Preferred Stock Offering from $250M to $584M

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MicroStrategy announced on Friday that it had increased its special preferred stock offering from $250 million to $584 million by planning to issue 7.3 million shares of 8.00% Series A Perpetual Strike Preferred Stock at $80 per share, a measure designed to support its corporate strategies and Bitcoin investments. MicroStrategy announces pricing of its Strike Preferred Stock ($STRK) Offering and upsizes the deal from $250M to $584M $MSTR https://t.co/1PoDxjQDNS — Michael Saylor (@saylor) January...