Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Inve...
Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which are convertible into class A common stock. The company plans to sell these shares through an “at the market offering” program, allowing for flexibility in timing and pricing. This approach builds on a previous....
Related News
A new SEC filing shows fresh risks in Michael Saylor’s $78 billion Bitcoin plan. Even with those risks, Saylor’s firm is seeing substantial gains from the Bitcoin it already holds. Michael Saylor shared the news on X, showing both the success and the danger behind his bold Bitcoin strategy. SEC Filing Reveals Key Risks Of […]
Strategy Inc., the company long associated with Michael Saylor’s big Bitcoin bets, is facing the real risk of being dropped from major stock indexes — a move that could force billions of dollars of forced selling and change how investors get exposure to Bitcoin. Related Reading: Brazil On Alert: WhatsApp Malware Attacks Crypto Wallets And […]
Michael Saylor’s Strategy (formerly MicroStrategy) is now one step closer to adding another $42B worth of Bitcoin ($BTC) to its balance sheet by 2027. Yesterday, Strategy announced a $2B private offering of 0% convertible senior notes, due 2030. Buyers will then be able to convert these notes into cash or MSTR stock. Most importantly, all […]
Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash. Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]
Michael Saylor’s $BTC ambitions continue accelerating. Now, he plans for his company – Strategy (formerly MicroStrategy) – to stack up $1T of the world’s largest crypto asset. Even as critics get louder about the company’s $BTC buying strategy, Saylor seems unfazed. And as more $BTC is scooped up, projects building on Bitcoin, such as Bitcoin […]