Overall, MicroStrategy plans to issue 2500000 shares of Series A perpetual convertible preferred stock on the public market. What is' Perpetual Convertible Preferred Stock '? Simply put, it is a type of stock that combines fixed income and the potential for stock appreciation, and has no permanent expiration date. MSTR does not require repayment of principal as it does not have a maturity date. Shareholders can hold it for a long time and receive dividends first over ordinary shareholders. In liquidation, they also receive compensation first (second only to creditors). Holders can exchange such preferred shares for ordinary shares when conditions are suitable, and enjoy the benefits of the company's stock price increase. MSTR will regularly pay fixed dividends (similar to deposit interest), even if the company is temporarily not profitable, the dividends will accumulate and be replenished later. Assuming you have purchased permanent convertible preferred stock of MicroStrategy We will receive a fixed dividend every quarter, such as 5 per share (this is just an example). If MicroStrategy's stock price rises, you can convert your preferred stock into common stock and earn more money. If the company is liquidated, your compensation order will be higher than that of ordinary shareholders. The funds raised from the issuance of 2500000 shares will be used to purchase Bitcoin and for company operations. PS： Although this is not an ATM, its essence is similar to that of an ATM, both of which are issuing additional stocks, which is not very friendly to the price of MSTR per share. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex