Microstrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) Stock Split History

Microstrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has split its stock once since its initial public offering (IPO). The stock split of Microstrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock occurred on July 06, 2023 on a 1-for-6 basis, meaning that for 6 shares of STRC owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Microstrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Microstrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when STRC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Microstrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.