#Microstrategy released the pricing and total raised through their first preferred shares offering.

The preferred share will be priced at $80 with an $8 annual dividend.

They were oversubscribed on the offering, going from $250M to $584M.

After fees we are looking a at a #bitcoin smash buy of around $563M once settled on Wednesday 02/05/25.

Another (accretive) way for Microstrategy to keep accumulating.

.5M BTC in the crosshairs.