MicroStrategy Announces 10-for-1 Stock Split
11 Juillet 2024 - 2:00PM
Business Wire
MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”)
today announced that its board of directors has declared a 10-for-1
stock split of MicroStrategy’s class A common stock and class B
common stock to make MicroStrategy’s stock more accessible to
investors and employees. The stock split will be effected by means
of a stock dividend to the holders of record of MicroStrategy’s
class A common stock and class B common stock as of the close of
business on August 1, 2024, the record date for the dividend.
As a result of the dividend, each holder of a share of
MicroStrategy’s class A common stock will receive nine (9)
additional shares of class A common stock and each holder of a
share of MicroStrategy’s class B common stock will receive nine (9)
additional shares of class B common stock. In each case, the shares
are expected to be distributed after the close of trading on August
7, 2024. Trading is expected to commence on a split-adjusted basis
at market open on August 8, 2024. The stock dividend will not have
any impact on the voting and other rights of stockholders.
About MicroStrategy Incorporated
MicroStrategy (Nasdaq: MSTR) considers itself the world’s first
Bitcoin development company. We are a publicly-traded operating
company committed to the continued development of the bitcoin
network through our activities in the financial markets, advocacy
and technology innovation. As an operating business, we are able to
use cashflows as well as proceeds from equity and debt financings
to accumulate bitcoin, which serves as our primary treasury reserve
asset. We also develop and provide industry-leading AI-powered
enterprise analytics software that promotes our vision of
Intelligence Everywhere™, and are using our software development
capabilities to develop bitcoin applications. We believe that the
combination of our operating structure, bitcoin strategy and focus
on technology innovation provides a unique opportunity for value
creation.
MicroStrategy and Intelligence Everywhere are either trademarks
or registered trademarks of MicroStrategy Incorporated in the
United States and certain other countries.
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version on businesswire.com: https://www.businesswire.com/news/home/20240711751900/en/
MicroStrategy Incorporated Shirish Jajodia Investor Relations
ir@microstrategy.com
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