06/16/2025 | Press release | Distributed by Public on 06/16/2025 06:01
Item 8.01 Other Events.
ATM Updates
On June 16, 2025, MicroStrategy Incorporated d/b/a Strategy ("Strategy" or the "Company") announced updates with respect to its at-the-market offering programs:
ATM Program Summary |
During Period June 9, 2025 to June 15, 2025 |
As of June 15, 2025 |
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Shares Sold |
Notional Value (in millions) (1) |
Net Proceeds (in millions) (2) |
Available for Issuance and Sale (in millions) |
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Common ATM |
- |
- |
- |
$18,631.2 |
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Securities Offered:Class A Common Stock, $0.001 par value per share ("MSTR Shares") |
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Size:$21 billion |
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Established: May 1, 2025 |
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STRK ATM |
452,487 STRK Shares |
$45.2 |
$48.4 |
$20,568.4 |
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Securities Offered: 8.00% series A perpetual strike preferred stock, $0.001 par value per share ("STRK Shares") Size:$21 billion Established: March 10, 2025 |
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STRF ATM |
286,101 STRF Shares |
$28.6 |
$30.0 |
$1,975.2 |
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Securities Offered: 10.00% series A perpetual strike preferred stock, $0.001 par value per share ("STRF Shares") Size:$2.1 billion Established: May 22, 2025 |
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Total |
$78.4 |
(1) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon.
(2) Net proceeds are presented net of sales commission.
STRD Perpetual Preferred Stock
As previously disclosed, on June 10, 2025, the Company completed its previously announced public offering of 11,764,700 shares of its 10.00% Series A Perpetual Stride Preferred Stock (the "STRD Offering") at a public offering price of $85.00 per share. The Company expects the net proceeds from the STRD Offering to be approximately $979.7 million, after deducting the underwriting discounts and commissions and the Company's estimated offering expense.
BTC Update
On June 16, 2025, Strategy announced updates with respect to its bitcoin holdings:
During Period June 9, 2025 to June 15, 2025 |
As of June 15, 2025 |
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BTC Acquired(1) |
Aggregate Purchase Price (in millions)(2) |
Average Purchase Price(2) |
Aggregate BTC Holdings |
Aggregate Purchase Price (in millions)(2) |
Average Purchase Price(2) |
|||||||||||
10,100 |
$ |
1,051.2 |
$ |
104,080 |
592,100 |
$ |
41,841.5 |
$ |
70,666 |
(1) The bitcoin purchases were made using proceeds from the STRK ATM, STRF ATM and STRD Offering.
(2) Aggregate and average purchase prices are inclusive of fees and expenses.