Michael Saylor’s Strategy Raises More Cash to Buy More Bitcoin
The post Michael Saylor’s Strategy Raises More Cash to Buy More Bitcoin appeared on BitcoinEthereumNews.com.
Strategy Inc. has increased the size of its new Series A “Perpetual Stretch” preferred‑stock offering to USD 2 billion, quadrupling the USD 500 million target announced earlier this week. It will use the proceeds in part to buy Bitcoin. That’s a strong signal that if you don’t already own any, now might be the right time to buy Bitcoin. The securities are being marketed at USD 90 per share with an initial 9 % dividend and a total of 5 million shares are on offer. Proceeds will be used to purchase additional Bitcoin for the company’s treasury. Morgan Stanley, Barclays, TD Securities and Moelis & Co. are joint book‑runners on the deal. Strategy’s common equity (ticker MSTR) traded near USD 413 on Thursday, little changed on the day. Year‑to‑date the stock is up 37 %, and over the last twelve months it has gained 146 %, lifting the firm’s market capitalisation to roughly USD 116 billion. The capital raise deepens Strategy’s position as the largest corporate holder of bitcoin: the company owns 607,770 BTC, representing about 66 % of the bitcoin held by all publicly listed firms. Broader corporate adoption is building; Tokyo‑listed Quantum Solutions has outlined plans to accumulate 3,000 BTC over the next year as a long‑term reserve asset. Meanwhile, institutional appetite for digital assets continues to expand—JPMorgan estimates net inflows across funds, CME futures and venture investment have reached USD 60 billion year‑to‑date, supported by recent U.S. legislation that clarifies the regulatory status of stablecoins and other tokens. Strategy leads the Treasury companies’ Bitcoin holdings, source: X Bitcoin has held up strong in this week’s crypto market dip. Altcoins such as DOGE, and XRP dropped hard, but bitcoin has held steady, indicating market strength and consolidation before the next leg up. With treasury companies such as Strategy intensifying their Bitcoin market buying, the bull Bitcoin bull market looks set to continue. Bitcoin price predictions of $200,000 in 2025 seem every…
Filed under: News - @ July 25, 2025 1:29 am