BTC $78,601.14 -0.67%
ETH $2,488.81 +0.11%
BNB $754.96 +2.17%
XRP $1.42 +1.60%
SOL $103.51 -0.32%
TRX $0.3392 +1.47%
DOGE $0.0905 -0.69%
ADA $0.2202 -0.30%
BCH $259.10 +0.23%
LINK $12.48 -2.11%
HYPE $85.54 +0.70%
AAVE $128.72 -2.60%
SUI $0.8174 -0.22%
XLM $0.1880 -2.38%
ZEC $1,183.24 +3.98%
BTC $78,601.14 -0.67%
ETH $2,488.81 +0.11%
BNB $754.96 +2.17%
XRP $1.42 +1.60%
SOL $103.51 -0.32%
TRX $0.3392 +1.47%
DOGE $0.0905 -0.69%
ADA $0.2202 -0.30%
BCH $259.10 +0.23%
LINK $12.48 -2.11%
HYPE $85.54 +0.70%
AAVE $128.72 -2.60%
SUI $0.8174 -0.22%
XLM $0.1880 -2.38%
ZEC $1,183.24 +3.98%

MicroStrategy sells preferred shares at a 20% discount, pushing investor yields up to 10%

2025-02-05 08:56:12

ChainCatcher news, MicroStrategy sold preferred stock units last week, which are a type of debt-like security with a coupon rate of 8%. These shares were sold at a price of $80 per share, which is 20% lower than the market price, effectively pushing the buyer's yield up to 10%, a significant concession to complete the transaction.

app_icon
ChainCatcher Building the Web3 world with innovations.