PANews reported on February 5 that according to Bloomberg, MicroStrategy sold preferred stock units last week, a debt-like security with a coupon rate of 8%. The shares were sold at $80 per share, 20% below the market price, effectively pushing the buyer's yield to 10%, a major concession to complete the transaction.
MicroStrategy sells preferred shares at 20% discount, pushing investor yield to 10%
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Author: PA一线
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