MicroStrategy Raises $44B for Bitcoin Buying Spree
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
MicroStrategy is aggressively expanding its Bitcoin holdings, raising $44.1 billion through stock sales and special preferred shares. Theyve added 90,000 Bitcoin this year, with recent purchases totaling $2.9 billion. The company is launching at-the-market programs to sell up to $42 billion in securities, offering investors a way to gain Bitcoin exposure without significant dilution. Despite a 70% drop in Bitcoins price, MicroStrategys unrealized loss is only 6.3%, and their preferred stocks pay monthly dividends.
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