MSTRD Stock Price and Chart — BCBA:MSTRD

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MicroStrategy has priced $2.8 billion of its 9% preferred stock at $90 per share, up from $500 million, to fund more Bitcoin purchases.

MicroStrategy's performance was negatively impacted by the downturn in cryptocurrency prices, despite the overall market, including the S&P 500 and Nasdaq 100, reaching record highs.

The Ohio Public Employees Retirement System increased its investment in MicroStrategy by purchasing an additional 21,499 shares in the second quarter, raising its total holdings to 101,880 shares.

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About MicroStrategy

MicroStrategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Vienna, VA.

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