MicroStrategy Inc. has announced a $2.1 billion at-the-market $(ATM.UK)$ offering of its 10.00% Series A Perpetual Strife Preferred Stock, with a par value of $0.001 per share. The company plans to sell these shares under a sales agreement, with the intention of using the net proceeds for general corporate purposes, including the acquisition of bitcoin and for working capital. The perpetual strife preferred stock may be sold by agents through at-the-market offerings or other methods permitted by law, including negotiated transactions or block trades. The offering is being conducted under a prospectus supplement filed with the SEC on May 22, 2025, as part of an existing automatic shelf registration statement effective from January 27, 2025 (File No. 333-284510).
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