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MicroStrategy has announced a strategic move to enhance its Bitcoin portfolio by planning a $2 billion raise through public offerings of perpetual preferred stock. This initiative is part of the ambitious “21/21 Plan” which aims to accumulate $42 billion through equity and fixed income resources over three years. Set for the first quarter of 2025, this offering aligns with the company’s commitment to integrate Bitcoin into its core financial strategy.
As the first major execution of this plan, MicroStrategy has already amassed 194,180 BTC, which makes up about 45% of their targeted investments. Valued at $19 billion at present market rates, this bold acquisition underscores the firm’s confidence in Bitcoin’s future.
The forthcoming shareholder meeting via webcast will discuss proposals including a significant increase in authorized shares, aiming to bolster the company’s investment capacity. Currently holding 446,400 BTC valued at approximately $43.7 billion, MicroStrategy’s proactive financial maneuvers highlight its leadership in adopting cryptocurrency on a monumental scale.
