MicroStrategy to Sell $2 Billion in Stock to Buy More Bitcoin
Strategy (formerly MicroStrategy) is in progress to provide privately convertible premium notes. The company will provide $2 billion in assets and use the proceeds to buy more bitcoins.
Sailer announced that his company did not buy any bitcoins last week, further interrupting his buying trend. Still, everything except this detail seems to meet his standards for the acquisition script.
Strategy to continue buying Bitcoin
Due to microscienceRecently renamed as strategy) Start getting Bitcoin, Become one of the largest BTC holders in the world. Earlier this month, The company broke 12 weeks of winning streak Buy continuously, Recover quickly soon.
Today, Michael Saylor admit The company has suspended purchases again, but will not buy them for a long time:
“Last week, the strategy did not sell any shares of Class A common stock under its plans for equity products in the market, nor did it buy any Bitcoin. As of 2/17/2025, we held 478,740 BTC for approximately $31.1 billion, each Bitcoin $65,033,” Saylor said.
Specifically, a few hours after Saylor’s first post he followed another post announcement. The company plans to privately provide $2 billion worth of convertible premium notes.
Of course, these stock products will help strategy to fund more Bitcoin purchases. This is the company’s established technology. A similar product was launched last month.
The strategy adopts a few different strategies to continue these major Bitcoin acquisitions. It sold enough stocks BlackRock now owns 5% of the companyand its strike preferred stock (Strk) Strong performance. The company’s strong BTC inventory is highly appreciated in value, but the company strictly holds these assets.
The price of Bitcoin There has been some sway over the past few weeks, which may bring strategic opportunities. After stumble, its price is Not worth $100,000. It’s not a grand plan to drop in price, but it can still help strategies gain more assets to get the same investment.
Meanwhile, MSTR’s stock price has also performed poorly recently. It has remained nearly 15% over the past month.
Ultimately, the book looks pretty. The strategy has obviously telegraphed its purpose is to buy more bitcoins through this stock sale, just like other recent products.
Although there is Rumors say companies may face difficulties To achieve this strategy, they have not yet surfaced. For now, Saylor seems content with the same prospect – bullishness of extremism.
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