MicroStrategy文件货架注册，以增强未来比特币购买和营运资金需求的财务灵活性

MicroStrategy已向SEC提交了一份货架注册声明，以增强其未来比特币购买和营运资金需求的财务灵活性。

Key Takeaways

关键要点

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提交了一份货架注册声明，以增强其未来比特币购买和营运资金需求的财务灵活性。

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

该公司计划在未来的不同时间提供各种证券，包括债券，普通股，优先股，认股权证和单位。

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

货架注册允许MicroStrategy在市场条件有利或需要额外资金时通过“搁置”证券来有效地筹集资本。

“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.

该文件指出：“我们打算使用本招股说明书提供的任何证券出售的净收益来获取额外的比特币和一般公司目的，除非适用的招股说明书补充剂中另有说明。”

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已向美国证券交易委员会（SEC）提交了货架注册声明，以增强其对未来比特币购买和营运资金需求的财务灵活性。

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.

根据1月27日提交的S-3表格，该公司现在可以选择以一种或多种产品，债务证券，普通股，优先股，认股权证和单位在未来的各个方面提供。

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.

货架注册将使MicroStrategy能够在需要时有效地在债务或股票市场上筹集资金，而无需为每次发行提交新的注册表。这为公司提供了更大的敏捷性，以应对不断变化的市场状况或新兴机会。

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.

出售这些证券的收益将用于各种目的，包括收购额外的比特币，如备案中所述。每种适用的招股说明书补品中将概述收益的具体分配，该补品将提供有关每次发行条款和条件的详细信息。

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拥有231,632,665股A类普通股和19,640,250股B级普通股的股票。

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单独宣布了其计划发布250万股A系列A Perpetual Strike Preferred股票，这是机构和精选零售投资者的新可转换优先股。

$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，这是一种新的可转换优先股票，可供机构投资者和精选零售投资者提供。要查看投资者演示视频，请了解有关参与和访问关键细节的更多信息，请单击此处。https：//t.co/xb5gqg1uxp

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

- 迈克尔·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.

优先股将携带每股100美元的清算偏好，并在定价期间确定累计股息。季度股息将于2025年3月31日开始，应支付现金，A类普通股或两者兼而有之。