MicroStrategy CFO Acquires Preferred Stock to Fund Bitcoin Purchases

MicroStrategy executives, including CFO Andrew Kang, recently purchased $1.3 million in Series A Perpetual Stride Preferred Stock as part of a directed share program related to an upcoming public offering. This move is aimed at bolstering the company’s Bitcoin reserves. CFO Kang acquired 2,250 shares worth $191,250. This aligns with MicroStrategy’s established history of utilizing capital raises for Bitcoin acquisitions.