戰略（NASDAQ：MSTR; Strk）宣布了計劃提供其5,000,000股A系列股票優先股的股票。

計劃的公共證券發行將根據1933年的《證券法》進行註冊，並取決於市場條件。策略將利用此產品的收益來資助一般公司活動，例如收購比特幣和運營資本。

MicroStrategy (Nasdaq:MSTR) has announced plans for a public offering of 5,000,000 shares of its Series A Perpetual Strife Preferred Stock.

MicroStrategy（NASDAQ：MSTR）已宣布計劃公開提供其5,000,000股A系列A Verpetual Frife Preferred股票。

This offering will be registered under the Securities Act of 1933 and is subject to approval by the SEC and market conditions.

該發行將根據1933年的《證券法》進行註冊，並得到SEC和市場條件的批准。

The company plans to use the net proceeds from the offering to fund general corporate activities, which may include Bitcoin acquisition and operational capital.

該公司計劃將淨收益從發行籌集資金來資助一般公司活動，其中可能包括比特幣的收購和運營資本。

Each share of Series A Perpetual Strife Preferred Stock will generate 10.00% annual dividends based on the stated stock value. The company will commence making quarterly dividend payments in cash on June 30, 2025. Unpaid dividends will accrue at a rate of 10% per year and in the aggregate at the rate of 18%.

A系列的每股份額永久優先股將根據既定股票價值產生10.00％的年度股息。該公司將於2025年6月30日開始以現金進行季度股息付款。未付股息將以每年10％的速度產生，總計為18％。

The company possesses the exclusive right to redeem any outstanding shares of the perpetual strife preferred stock at a price of $100.00 per issued share plus declared but unpaid dividends. The perpetual strife preferred stock can only be redeemed when less than 25% of the issued shares remain outstanding or during specific tax-related events.

該公司擁有獨家權利，可以以每股股票的100.00美元的價格兌換永久性爭辯優先股的任何流通股，加上已宣布但無償股息。只有在發行股份的不到25％的未償還或在與稅務相關的特定事件中，才能兌換永久性優先股票。

Furthermore, the preferred stock holders have the right to force Strategy to repurchase their shares when fundamental changes occur, such as a merger, consolidation or liquidation.

此外，優先股持有人有權在發生基本變化時強制策略回購其股份，例如合併，合併或清算。

This preferred stock has a specific liquidation value of $100 per issued share. However, the preferred stock trading price will determine the daily adjustment of this liquidation preference. The adjustment liquidation preference will be determined by the highest value of these three values: the stated value at $100 per share, the last reported sale price and the average of the last reported sale price in the last ten trading days.

該優先股的特定清算價值為每股100美元。但是，首選的股票交易價格將決定該清算偏好的每日調整。調整清算偏好將由這三個值的最高值確定：所述價值為每股100美元，最後一個報告的銷售價格和最近十盤銷售日的最後一個報告的售價的平均值。

Strategy aims to utilize these proceeds to fund its Bitcoin acquisition strategy. This strategic move showcases the company’s long-term commitment to Bitcoin as a core asset and store of value. Additionally, the offering provides investors with an opportunity to earn a stable income from dividends.

戰略旨在利用這些收益來資助其比特幣採集策略。這一戰略舉動展示了該公司對比特幣作為核心資產和價值存儲的長期承諾。此外，該產品為投資者提供了從股息中獲得穩定收入的機會。

Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and Moelis & Company LLC will serve as joint book-running managers for the offering.

Morgan Stanley＆Co。LLC，Barclays Capital Inc.，Citigroup Global Markets Inc.和Moelis＆Company LLC將擔任該產品的聯合書籍經理。

The company previously filed a shelf registration statement with the Securities and Exchange Commission, which allows businesses to proceed with the offering through a prospectus supplement framework.

公司此前曾向美國證券交易委員會（Securities and Exchange Commission）提交了貨架註冊聲明，該聲明允許企業通過招股說明書補充框架進行發行。

Strategy’s issuance of preferred shares helps the company to reinforce its capital structure and maintain its strategic flexibility for future decisions. The preferred stock option allows the company to operate independently to continue its Bitcoin-oriented mission.

戰略發行優先股有助於公司加強其資本結構，並保持其對未來決策的戰略靈活性。首選股票期權允許該公司獨立運營以繼續其面向比特幣的任務。

This move may also impact how the company handles takeover defenses as preferred shareholders could obtain extra rights which will further complicate acquisitions.

此舉還可能影響公司處理收購防禦能力，因為首選股東可以獲得額外的權利，這將使收購更加複雜。