MicroStrategy文件貨架註冊，以增強未來比特幣購買和營運資金需求的財務靈活性

MicroStrategy已向SEC提交了一份貨架註冊聲明，以增強其未來比特幣購買和營運資金需求的財務靈活性。

Key Takeaways

關鍵要點

MicroStrategy filed a shelf registration statement with the SEC to enhance its financial flexibility for future Bitcoin purchases and working capital needs.

MicroStrategy向SEC提交了一份貨架註冊聲明，以增強其未來比特幣購買和營運資金需求的財務靈活性。

The company plans to offer various securities, including bonds, common stock, preferred stock, warrants, and units, at different times in the future.

該公司計劃在未來的不同時間提供各種證券，包括債券，普通股，優先股，認股權證和單位。

Shelf registration allows MicroStrategy to raise capital efficiently by “shelving” securities for sale when market conditions are favorable or when additional funds are required.

貨架註冊允許MicroStrategy在市場條件有利或需要額外資金時通過“擱置”證券來有效地籌集資本。

“We intend to use the net proceeds from the sale of any securities offered under this prospectus to acquire additional Bitcoin and for general corporate purposes, unless otherwise indicated in the applicable prospectus supplement,” the filing states.

該文件指出：“我們打算使用本招股說明書提供的任何證券出售的淨收益來獲取額外的比特幣和一般公司目的，除非適用的招股說明書補充劑中另有說明。”

MicroStrategy has filed a shelf registration statement with the Securities and Exchange Commission (SEC) to enhance its financial flexibility for future Bitcoin purchases and working capital needs.

MicroStrategy已向美國證券交易委員會（SEC）提交了貨架註冊聲明，以增強其對未來比特幣購買和營運資金需求的財務靈活性。

According to Form S-3 filed on January 27, the company now has the option to offer, in one or more offerings, debt securities, common stock, preferred stock, warrants, and units at varying points in the future.

根據1月27日提交的S-3表格，該公司現在可以選擇以一種或多種產品，債務證券，普通股，優先股，認股權證和單位在未來的各個方面提供。

The shelf registration will enable MicroStrategy to efficiently raise capital in the debt or equity markets as and when required, without the need to file a new registration statement for each offering. This provides the company with greater agility in responding to changing market conditions or emerging opportunities.

貨架註冊將使MicroStrategy能夠在需要時有效地在債務或股票市場上籌集資金，而無需為每次發行提交新的註冊表。這為公司提供了更大的敏捷性，以應對不斷變化的市場狀況或新興機會。

Proceeds from the sale of these securities will be utilized for various purposes, including the acquisition of additional Bitcoin, as stated in the filing. The specific allocation of proceeds will be outlined in each applicable prospectus supplement, which will provide detailed information on the terms and conditions of each offering.

出售這些證券的收益將用於各種目的，包括收購額外的比特幣，如備案中所述。每種適用的招股說明書補品中將概述收益的具體分配，該補品將提供有關每次發行條款和條件的詳細信息。

As of January 23, 2025, MicroStrategy had 231,632,665 shares of class A common stock and 19,640,250 shares of class B common stock outstanding.

截至2025年1月23日，MicroStrategy擁有231,632,665股A類普通股和19,640,250股B級普通股的股票。

Moreover, MicroStrategy separately announced its plans to issue 2.5 million shares of Series A Perpetual Strike Preferred Stock, a new convertible preferred stock available to both institutional and select retail investors.

此外，MicroStrategy單獨宣布了其計劃發布250萬股A系列A Perpetual Strike Preferred股票，這是機構和精選零售投資者的新可轉換優先股。

$MSTR today announced the launch of $STRK, a new convertible preferred stock offering available to institutional investors & select retail investors. To view the investor presentation video, learn more about participating, & access key details, click here.https://t.co/xB5GQG1uXP

$ MSTR今天宣布推出$ Strk，這是一種新的可轉換優先股票，可供機構投資者和精選零售投資者提供。要查看投資者演示視頻，請了解有關參與和訪問關鍵細節的更多信息，請單擊此處。https：//t.co/xb5gqg1uxp

— Michael Saylor⚡️ (@saylor) January 27, 2025

- 邁克爾·塞勒⚡️（@saylor）2025年1月27日

The preferred shares will carry a $100 per share liquidation preference with cumulative dividends at a rate to be determined during pricing. Quarterly dividends will begin on March 31, 2025, payable in cash, class A common stock, or both.

優先股將攜帶每股100美元的清算偏好，並在定價期間確定累計股息。季度股息將於2025年3月31日開始，應支付現金，A類普通股或兩者兼而有之。