07.07.2025 20:30

MicroStrategy, the business intelligence firm headed by Michael Saylor, has announced a substantial $4.2 billion at-the-market offering of its 10% perpetual preferred stock, designated STRD. This significant capital raise will be implemented gradually, strategically timed to optimize market conditions and trading volume, according to the company's statement.

The proceeds from this stock offering will be utilized for a variety of corporate purposes. Specifically, MicroStrategy intends to allocate a portion towards further Bitcoin acquisitions, reinforcing its well-known commitment to this digital asset. Additionally, funds will be used to fulfill dividend obligations on its existing Series A preferred stock.

Saylor's unwavering dedication to Bitcoin accumulation has been a consistent theme in the company's financial strategy. This latest move clearly demonstrates the continued prioritization of Bitcoin as a core investment and underlines the firm's long-term vision for its digital asset holdings. The offering showcases a bold and ambitious approach to capital deployment, reinforcing MicroStrategy’s position as a significant player in the Bitcoin market.

This information was compiled from internet sources.