Intel stock extends gains after report of possible U.S. government stake
MicroStrategy Inc . (NASDAQ:MSTR), currently trading at $374.47 with a market capitalization of $104.61 billion, has announced updates regarding its at-the-market (ATM) offering programs and bitcoin holdings, according to a recent SEC filing. InvestingPro analysis indicates the stock has demonstrated significant volatility, delivering a remarkable 134.6% return over the past year.
The company, operating under the name Strategy, detailed its ATM program activities from June 2 to June 8, 2025. During this period, no shares were sold under its Common ATM program, which has $18.63 billion available for issuance and sale. The program, established on May 1, 2025, offers Class A common stock at $0.001 par value per share. With a beta of 3.76, the stock exhibits significantly higher volatility than the broader market, as noted in InvestingPro’s comprehensive analysis, which includes 12 additional key insights available to subscribers.
MicroStrategy’s STRK ATM program, offering 8.00% Series A perpetual strike preferred stock, saw the sale of 626,639 STRK shares. This sale generated a notional value of $62.7 million and net proceeds of $66.4 million, leaving $20.62 billion available for issuance. The STRK program was established on March 10, 2025.
The STRF ATM program, offering 10.00% Series A perpetual strike preferred stock, sold 432,679 STRF shares, securing a notional value of $43.3 million and net proceeds of $45.8 million. The program, established on May 22, 2025, has $2.01 billion available for issuance.
In addition to ATM updates, MicroStrategy also disclosed its bitcoin holdings. From June 2 to June 8, 2025, the company acquired 1,045 bitcoins at an aggregate purchase price of $110.2 million, averaging $105,426 per bitcoin. As of June 8, 2025, MicroStrategy’s total bitcoin holdings reached 582,000, with an aggregate purchase price of $40.79 billion and an average purchase price of $70,086 per bitcoin. The bitcoin acquisitions were financed using proceeds from the STRK and STRF ATM programs. According to InvestingPro’s Fair Value analysis, the stock appears to be trading above its Fair Value, with detailed valuation metrics and a comprehensive research report available to subscribers.
MicroStrategy maintains a public dashboard on its website to disclose information about market prices, bitcoin purchases, and other metrics in compliance with Regulation FD. The company encourages investors to regularly review this information.
This information is based on a press release statement filed with the SEC.
In other recent news, Strategy has priced its initial public offering of Series A Perpetual Stride Preferred Stock, aiming to raise approximately $979.7 million. The offering involves 11,764,700 shares priced at $85 each, with proceeds intended for general corporate purposes, including Bitcoin acquisition. Monness, Crespi, Hardt analysts maintained a Sell rating on Strategy’s stock, expressing concerns about the company’s financial strategies and market conditions. Meanwhile, TD Cowen reaffirmed a Buy rating on Strategy, highlighting a recent Bitcoin acquisition worth $427 million and maintaining a price target of $590. The firm noted the potential benefits of Strategy’s new STRF preferred stock ATM offering valued at $2.1 billion. Additionally, Strategy announced the planned offering of 2.5 million shares of Series A Perpetual Stride Preferred Stock, with dividends set at a 10.00% annual rate. Benchmark analyst Mark Palmer pointed out Strategy’s BTC Yield of 16.8% from January to May, which reflects the company’s growth in Bitcoin holdings. The analyst provided a Buy rating with a price target of $650, indicating a positive market response to Strategy’s Bitcoin acquisition strategy.
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