MicroStatzu: $12.80 billion of stock still available for sale
2024-11-25 14:46:37
According to microstrategy provided us sec document microstrategy 10desk3cryptocurrencydesktopCrypto News
According to the 8-K document provided by MicroStrategy to the US SEC, MicroStrategy reached an agreement with brokers such as TD Securities and Barclays Capital to issue $21 billion of market-priced shares (ATM Equity Offerings) on October 30. According to the stock sale agreement, MicroStrategy completed the $4.60 billion stock sale from November 11 to 17, and used the $4.60 billion to buy 51,780 BTC. On November 18-24, it completed the $2.46 billion stock sale. This $2.46 billion plus the $3 billion convertible bond completed on November 21. A total of about $5.40 billion was purchased. MicroStrategy also said that as of November 24, there are still $12.80 billion of shares available for sale.
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