MicroStrategy has announced a 10% preferred stock offering to raise approximately $711 million, which will be used to buy more Bitcoin 💸.
*📈 Strategy's Bitcoin Accumulation Plan 📈*
The company has been aggressively accumulating Bitcoin, with its most recent purchase of 130 BTC on March 17 📊. MicroStrategy's total Bitcoin holdings now stand at 499,226 BTC, valued at $41.8 billion.
*📊 Raising Debt and Equity to Fuel Bitcoin Accumulation 📊*
MicroStrategy co-founder Michael Saylor has signaled that the company will continue to raise debt and equity to fuel its Bitcoin accumulatio