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Michael Saylor’s Strategy to Expand Bitcoin Holdings through a Record-Breaking $21 Billion Preferred Share Offering
MicroStrategy Inc., the company led by Michael Saylor, has taken another bold step to reaffirm its commitment to cryptocurrency and Bitcoin (BTC) specifically. In an unprecedented move, MicroStrategy is offering $21 billion in preferred shares to further expand its already impressive Bitcoin treasury.
The record-breaking preferred share issue will solidify MicroStrategy’s position as the largest corporate holder of BTC in the world. This strategic decision demonstrates the company’s unwavering confidence in the long-term potential of Bitcoin, which has led to a significant increase in its market value over recent years.
By offering these shares, MicroStrategy is not only reinforcing its commitment to cryptocurrency but also opening up new investment opportunities for institutional investors and enthusiasts alike.
Source: https://crypto-economy.com/saylors-strategy-to-offer-21b-in-preferred-shares-to-buy-more-bitcoin/
