Short News View Non-AMP

MicroStrategy to Raise Up to $21B with 8% Preferred Stock for Bitcoin Acquisitions

Published by
Qadir AK

MicroStrategy plans to raise up to $21 billion by issuing 8.00% Series A Perpetual Preferred Stock. The funds will be used for general corporate purposes, including potential Bitcoin acquisitions. The company reiterated its commitment to its Bitcoin accumulation strategy, leveraging equity financing, debt financing, and operating cash flow to support its efforts. This move further underscores MicroStrategy’s strategy to strengthen its position as a leading Bitcoin holder and a major player in the digital asset space.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Major Token Unlocks Ahead: Technical Breakdown of PYTH and Optimism (OP) for Traders

Key Highlights PYTH will unlock 2.13 billion tokens (~$1.24B) on May 20, doubling its circulating…

May 6, 2025

Coinbase’s Brian Armstrong Pushes GENIUS Act for Stablecoins, Warns of Crypto Risks

Coinbase CEO Brian Armstrong is turning up the heat on Washington. In a clear and…

May 6, 2025

Solana Builds a Bullish Case to Reach $200-Here’s How it May Trigger a 20% Upswing to Reach $180 This Month

In the past couple of years, the Solana price has displayed significant strength, recording 8…

May 6, 2025

UK Says No to Bitcoin Reserves, Won’t Follow U.S & EU Footsteps

At a time when countries around the world are shifting towards digital asset strategies, the…

May 6, 2025

Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

Story Highlights The price of Dogecoin today is . Dogecoin price may reach a maximum…

May 6, 2025