The move was seen by some in the market as a preview of a major move that could emerge under Trump's administration.
04/01/2025 12:37
Additionally, other countries and reputable companies may start adding bitcoin to their reserves, as US validation shifts the digital asset from a risky asset to a safe store of value.
However, many who closely follow Michael Saylor, billionaire executive at MicroStrategy, have noticed a new movement that demonstrates an anticipation of something grand. This is because, last Friday (3), he announced on his X profile that he had a business meeting with Eric Trump.
Donald Trump's son, Eric, shared a photo with Saylor saying "two friends and one passion: Bitcoin," with a rocket emoji accompanying the phrase. In response, Saylor simply said that Bitcoin was on the menu for the meeting, indicating that both discussed this topic at the new meeting.
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It is worth remembering that Donald Trump's inauguration as US president is scheduled for January 20, 2025. Therefore, the market is closely following any steps he takes towards bitcoin.
After meeting with Trump's son, billionaire says he will buy another $2 billion in bitcoin
A new press release from MicroStrategy, released last Friday, announces a plan to raise up to $2 billion through one or more public offerings of perpetual preferred stock, as part of its larger plan called the “21/21 Plan.”
The plan aims to raise $21 billion in equity and $21 billion in fixed income instruments over three years. The stated purpose of such a preferred stock offering is to strengthen MicroStrategy’s balance sheet and enable it to acquire more Bitcoin.
The offering is planned for the first quarter of 2025, but its completion is subject to market conditions. In any case, MicroStrategy emphasizes that it may decide not to proceed with the offering.
“MicroStrategy targets to raise up to $2 billion of capital through public offerings of perpetual preferred stock in the first quarter of 2025. $MSTR”
In any case, MicroStrategy is exploring ways to raise significant capital to continue its $BTC accumulation strategy. And the new announcement comes after a meeting with Trump's son, which raises alarm bells for those paying close attention to the movement.
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