Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors

CN
1 year ago

Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and employees. This stock split will be executed via a stock dividend for shareholders of record as of Aug. 1. Each holder of Class A and Class B common stock will receive nine additional shares for each share they own, with distribution expected after trading closes on August 7, 2024. Trading on a split-adjusted basis will commence on Aug. 8.

The publicly traded company focuses on bitcoin network development, using cashflows and financing proceeds to accumulate bitcoin as its primary treasury reserve asset. Additionally, Microstrategy provides AI-powered enterprise analytics software and develops bitcoin applications. The company stated that this combination of operating structure, bitcoin strategy, and technology innovation presents a unique value creation opportunity. The company disclosed in June that its bitcoin holdings had grown to 226,331 BTC.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

OKX:注册即返20%,全网最高返佣,不薅白不薅!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink