MicroStrategy Incorporated is a global leader in enterprise analytics and mobility software, offering a comprehensive business intelligence (BI) platform designed to help organizations analyze and visualize data in real time. Founded in 1989 and headquartered in Tysons Corner, Virginia, the company serves a diverse customer base across North America, Europe, Asia-Pacific and other regions. Its flagship product, the MicroStrategy Platform, provides capabilities such as interactive dashboards, data discovery, advanced analytics and mobile applications to support data-driven decision making.
The 8.00% Series A Perpetual Strike Preferred Stock represents a class of noncumulative preferred shares issued by MicroStrategy. This security pays a fixed 8.00% dividend per annum, payable quarterly, and ranks senior to the company’s common stock in the distribution of dividends and in liquidation. Unlike senior debt, these preferred shares have no scheduled maturity date, making the dividend payment the primary feature of their value proposition to investors seeking stable income.
Holders of the Series A Perpetual Strike Preferred Stock generally have conversion and redemption rights as outlined in MicroStrategy’s offering documents. After a specified period, the company may elect to redeem the shares for cash or, under certain conditions, convert them into a fixed number of common shares. Investors also have the ability to exercise conversion rights, often referred to as “striking” into common equity, subject to predetermined terms and conditions described in the prospectus.
The Series A Preferred is listed on the Nasdaq under the ticker STRK. As a perpetual preferred instrument, it appeals to income-oriented investors who seek exposure to MicroStrategy’s capital structure with the added potential of participating in equity through conversion. Prospective buyers should review the offering documentation carefully to understand dividend provisions, conversion ratios and subordination characteristics relative to other securities of the company.
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