💎𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐢𝐧 𝐐𝟏 𝟐𝟎𝟐𝟓💥
𝐌𝐢𝐜𝐡𝐚𝐞𝐥 𝐒𝐚𝐲𝐥𝐨𝐫, the executive chairman of MicroStrategy, has announced that his company is looking to raise $2 billion in the first quarter of 2025 to further expand its Bitcoin holdings. This move is part of MicroStrategy's ongoing strategy to accumulate more Bitcoin, which has been a focal point for the company as it continues to position itself as one of the largest corporate Bitcoin holders.
The funds will be raised through the issuance of perpetual preferred stock, which will be senior to MicroStrategy’s Class A common stock. The company intends to launch one or more public underwritten offerings to achieve this $2 billion target. As outlined in the company's 𝐭𝐡𝐫𝐞𝐞-𝐲𝐞𝐚𝐫 $𝟐𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 fundraising plan, which includes various instruments such as debt and convertible notes, this initiative is expected to support 𝐌𝐢𝐜𝐫𝐨𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲'𝐬 aggressive Bitcoin acquisition strategy. The exact terms of the offering, including the number of shares and pricing, will be determined later, with the company filing a Form S-3 registration with the U.S. Securities and Exchange Commission.
MicroStrategy’s recent track record of Bitcoin accumulation is impressive. On December 31, 2024, the company disclosed another substantial purchase of 2,138 BTC for approximately $209 million. This brings their total Bitcoin holdings to a remarkable 446,400 BTC, valued at around $27.9 billion. Despite occasional criticism from investors like Jason Calacanis, who expressed concerns about the impact of MicroStrategy’s ongoing purchases on Bitcoin’s market sentiment, the company remains steadfast in its commitment to increasing its Bitcoin position.
In the coming months, the market will watch closely to see how MicroStrategy's $2 billion capital raise progresses and whether the company will successfully carry out its planned acquisitions. If executed, this move could further solidify MicroStrategy's dominance in the Bitcoin space, as the company continues to hold a significant portion of the total Bitcoin supply.