MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock - STRD

MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock is a fixed-income equity security issued by MicroStrategy Incorporated, a provider of enterprise analytics and business intelligence software. This Series A perpetual preferred stock offers a 10.00% annual dividend rate on the stated amount, payable quarterly if declared by the board, with no accumulation of unpaid dividends and no maturity date. It carries a $100 initial liquidation preference per share, providing holders priority over common shareholders in liquidation events. The stock supports MicroStrategy's general corporate purposes, including its treasury strategy focused on Bitcoin accumulation and investments in analytics platforms. MicroStrategy's core offerings include the MicroStrategy Platform for data analytics, reporting, and mobile insights; MicroStrategy Cloud for scalable managed services; and HyperIntelligence for embedding contextual insights into user workflows. These products serve enterprises in finance, retail, telecom, and government sectors, emphasizing data governance, security, and actionable intelligence. Founded in 1989 and headquartered in the United States, this preferred stock enhances MicroStrategy's capital structure, offering investors a yield-oriented instrument tied to its analytics leadership and digital asset approach.