On January 4, PANews reported that MicroStrategy plans to raise up to $2 billion by selling preferred shares to advance its previously announced plan to raise $42 billion over three years to fund Bitcoin purchases. MicroStrategy's latest issuance is expected to take place in the first quarter of 2025, but it will depend on market conditions, and the company reserves the right to decide whether to proceed. The preferred shares sold may be convertible into MSTR Class A shares and may pay dividends. MicroStrategy has not set a target price for this issuance.
