PANews reported on March 26 that according to Barron's, three MicroStrategy executives recently subscribed to the company's newly issued preferred shares at an issue price of $85, with an annual yield of approximately 11.75%, which is much higher than the yield of the company's existing convertible preferred stock STRK. The offering raised a total of $711 million. The new stock code is STRF and is not convertible into common stock. It is worth noting that since 2022, the company's executives have not increased their holdings of common stock.
MicroStrategy executives snap up newly issued preferred shares, earning nearly 12% annually
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