MicroStrategy co-founder Michael Saylor has hinted at the possibility of additional Bitcoin purchases.
In a post on X (formerly Twitter) this Sunday (24), Saylor hinted at the company's plans after its successful $3 billion fundraising round on Friday (22).
MicroStrategy May Use $3 Billion Fundraising to Buy More Bitcoin
The Bitcoin enthusiast mentioned that MicroStrategy’s portfolio tracker, SaylorTracker, “needs more green dots.” These markers symbolize each BTC acquisition by the company, fueling speculation about another significant purchase.
Saylor’s recent insinuations echo his two previous posts on Sunday, which preceded announcements of large-scale Bitcoin acquisitions. During that period, MicroStrategy added approximately 80,000 BTC to its reserves, worth more than $6 billion at the time.
Reservas de Bitcoin da MicroStrategy. Fonte: SaylorTracker
Meanwhile, the recent $3 billion in financing — raised through the issuance of convertible debt — could be key to funding these new acquisitions. The convertible notes, sold privately to institutional investors under U.S. securities laws, mature on Dec. 1, 2029.
Market watchers noted that the fundraising is in line with MicroStrategy's ambitious "21/21" initiative, which aims to raise $42 billion over three years through a mix of equity and fixed income instruments.
The company remains the largest public entity holding Bitcoin, with 331,200 BTC valued at over $32.7 billion. According to Saylor, MicroStrategy’s treasury operations have generated a Bitcoin yield of 41.8% year-to-date, providing a net benefit of around 79,130 BTC.
Furthermore, this strategy has also boosted the performance of MicroStrategy shares. Thus, MSTR shares have risen more than 515% since the beginning of the year, becoming one of the most traded stocks in the US.
Saylor emphasized that MicroStrategy's operations are driven by its Bitcoin reserves, which are optimized through strategic financial tools such as ATM offerings, allowing the company to reduce risk and volatility while increasing shareholder value.
MicroStrategy is powered by its Bitcoin treasury operations. We sell volatility through our ATM offerings, we eliminate BTC risk, volatility and performance from our fixed income securities, and we pass that performance on to our MSTR shareholders, he said.
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