MicroStrategy announces dividend and confirms no recent Bitcoin transactions
Strategy announces dividend amid Bitcoin holdings update
MicroStrategy Incorporated, operating as Strategy, announced on March 3, 2025, that it did not sell any shares of class A common stock or purchase any Bitcoin between February 24, 2025, and March 2, 2025. The announcement, made on March 3, provides investors with updated financial insights as the company continues its strategic Bitcoin investment approach.
According to the latest disclosure, MicroStrategy’s Bitcoin reserves remain unchanged at approximately 499,096 BTC, acquired at a total cost of around $33.1 billion. The company, which has positioned itself as a major institutional holder of Bitcoin, did not add to or reduce its cryptocurrency assets during the specified period.
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Dividend declaration for preferred stockholders
In addition to its Bitcoin update, MicroStrategy’s board of directors has declared a quarterly cash dividend of $1.24 per share for holders of its 8.00% Series A Perpetual Preferred Stock. The dividend will be paid on March 31, 2025, to stockholders on record as of March 15, 2025.
Additionally, holders of the Series A Perpetual Preferred Stock have the right to convert their shares into class A common stock at a rate of 0.1000 shares per preferred share, equivalent to an initial conversion price of $1,000.00 per class A common share. The conversion rate and price will be subject to adjustments based on market conditions and other predetermined events.
This dividend declaration reinforces MicroStrategy’s financial stability while continuing its hybrid strategy of balancing Bitcoin investments with traditional financial instruments. The move also underscores the company’s commitment to delivering shareholder value while strategically managing its capital structure.
MicroStrategy estimates that the net proceeds to it from the offering will be approximately $563.4 million, after deducting the underwriting discounts and commissions and MicroStrategy’s estimated offering expenses. MicroStrategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and for working capital.
With a significant Bitcoin portfolio and a consistent dividend payout structure, MicroStrategycontinues to balance its cryptocurrency strategy with traditional financial commitments.
MicroStrategy’s approach to Bitcoin accumulation has been a defining factor in its corporate strategy over recent years. Despite the absence of new purchases or sales in the past week, the company remains one of the largest corporate holders of Bitcoin. As Bitcoin’s price continues to fluctuate, analysts closely watch MicroStrategy’s decisions regarding its cryptocurrency reserves.
