MicroStrategy Inc. has filed a prospectus supplement with the Securities and Exchange Commission as part of its $4.2 billion At-The-Market $(ATM.UK)$ Program. The program allows the issuance and sale of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) with a par value of $0.001 per share. The filing, which is under the existing automatic shelf registration statement effective since January 27, 2025, outlines that the sales will be conducted in a disciplined manner based on market conditions. The company plans to use the proceeds for general corporate purposes, including acquiring bitcoin and managing working capital, as well as potentially paying cash dividends on other classes of preferred stock.
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