Latest, take a look! MicroStrategy plans to raise up to $2 billion in the first quarter through the issuance of preferred shares to buy more BTC

Click the avatar Live to watch the live stream and understand the bull market

MicroStrategy announced plans to raise up to $2 billion through the issuance of preferred shares, as part of its '21/21 Plan', which aims to raise $42 billion over three years (with $21 billion in equity and $21 billion in fixed income).

The purpose of this issuance is to allow MicroStrategy to continue strengthening its balance sheet and acquire more Bitcoin, with the issuance expected to take place in the first quarter of 2025.

The announcement states that the decision to proceed with and complete the issuance is at MicroStrategy's discretion and is subject to market and other conditions, and MicroStrategy may choose not to proceed or complete the issuance.

Click the avatar Live to watch the live stream and understand the bull market