🟢 MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock is trading 3.0% up today after $101.3 million Bitcoin purchase funded by equity raise

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock is trading at $96.24, up 3.0% today after the company disclosed a $101.3 million Bitcoin acquisition funded by an at-the-market equity program.

• The company raised $181 million through its equity program, utilizing a portion of the proceeds to purchase 1,550 Bitcoin between June 1 and June 7, 2026.
• The move reinforces the firm's ongoing Bitcoin-treasury strategy as major cryptocurrencies, including Bitcoin and Ethereum, rally more than 3%.
• Improved sentiment toward crypto-linked securities is providing additional tailwinds for the preferred stock following the disclosure.