Deep Tide TechFlow news, on January 4, according to an official announcement, MicroStrategy announced plans to raise up to $2 billion in perpetual preferred stock through one or more public offerings. This plan is part of its previously announced '21/21 Plan', which aims to raise a total of $42 billion in equity and fixed income instruments over the next three years.

The newly issued preferred stock will have priority over Class A common stock and will have features such as conversion to Class A common stock, cash dividend payments, and share redemption. The company plans to complete the issuance in the first quarter of 2025, and the funds raised will be used to increase its Bitcoin holdings, further strengthening its balance sheet.