MicroStrategy is at it again, planning to raise a whopping $2 billion through a perpetual preferred stock offering to buy more Bitcoin. 🚀
- This move is part of their "21/21" plan, which sounds like a New Year's resolution to stack more BTC.
- The offering could involve converting class A stock, paying dividends, or a mix of these.
- MicroStrategy already owns 446,400 BTC, and their investment strategy, led by Michael Saylor, has made their shares skyrocket by 438% in a year!
- Will they proceed with the offering? Only time and market conditions will tell.