NasdaqGS:MSTRSoftware
MicroStrategy (NasdaqGS:MSTR) Launches US$4 Billion Preferred Stock Follow-On Offering
MicroStrategy (NasdaqGS:MSTR) saw a significant price move of 70% over the last quarter. This surge comes amidst a series of developments, notably the follow-on equity offering of $4.2 billion in preferred stock. Although the market itself showed strength as the S&P 500 and Nasdaq reached record highs, other events likely influenced MicroStrategy's performance. These include its addition to the Russell Top 200 Indexes and the launch of AI-focused product Strategy Mosaic™. Meanwhile, broader...