đ MicroStrategy's Bitcoin Bonanza Continues! đ
MicroStrategy, the world's largest public Bitcoin holder, is making waves again! đ The company has announced plans to raise up to $2 billion through the sale of its class A shares. The funds are earmarked for "general corporate purposes," but let's be realâBitcoin is likely on the shopping list! đ
Despite a tough Q2, with a net loss of $102.6 million and impairment charges on its Bitcoin holdings, MicroStrategy remains undeterred. They acquired 12,222 BTC in Q2, bringing their total to a whopping 226,500 BTC! đ
With a new KPI targeting annual returns of 4-8%, MicroStrategy is doubling down on its Bitcoin strategy. Stay tuned, BTC enthusiasts! đ