MicroStrategy Plans Additional $2 Billion Stock Offering to Bolster Bitcoin Holdings

MicroStrategy, the largest corporate Bitcoin holder, has announced plans to raise another $2 billion through a perpetual preferred stock offering.

The funds are intended to strengthen its balance sheet and further expand its Bitcoin holdings, aligning with the company’s ambitious “21/21” plan.

The new offering is separate from MicroStrategy’s existing strategy to raise $21 billion in equity and $21 billion in fixed-income instruments, the Bitcoin-stacking business intelligence firm explained in a Jan. 3 statement.