According to André Dragosch, PhD, the dividend on MSTR's latest perpetual preferred stock offering is not fixed, allowing MSTR the theoretical option to defer payment indefinitely. This flexibility could impact investor confidence and the stock's attractiveness as a dividend investment.

According to BitMEX Research, MicroStrategy's shares have decreased by approximately 49% since their peak analysis on 21 Nov 2024. The company is now aiming to raise $500 million through a perpetual preferred stock offering, signaling a significant shift in its financial engineering strategies.