MicroStrategy priced $584 million of 8% convertible preferred stock at a price of $80, resulting in a current dividend yield of 10%.The issue, the first preferred stock issue by the largest corporate holder of Bitcoin,

MicroStrategy announced the pricing of its perpetual strike preferred stock offering at a public listing price of $80 per share and will issue the corporate securities on Feb. 5. The company forecasts $563.

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). MicroStrategy's (MSTR) initial attempt to expand its capital raising activities via perpetual preferred stock appeared to have been met with strong demand.

MicroStrategy offers 8% dividends with preferred shares. Learn why MSTR stock’s unique structure provides a low-risk way to gain Bitcoin exposure and growth.

Bitcoin investor MicroStrategy’s $250 million preferred-stock offering may price at a discount to its face value of $100 per share due to apparent insufficient demand for the deal.