{"id":48922,"date":"2025-03-11T15:16:49","date_gmt":"2025-03-11T15:16:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/michael-saylor-stays-bullish-announces-21b-stock-sale-for-bitcoin-expansion\/"},"modified":"2025-03-11T15:16:49","modified_gmt":"2025-03-11T15:16:49","slug":"michael-saylor-stays-bullish-announces-21b-stock-sale-for-bitcoin-expansion","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/michael-saylor-stays-bullish-announces-21b-stock-sale-for-bitcoin-expansion\/","title":{"rendered":"Michael Saylor Stays Bullish, Announces $21B Stock Sale for Bitcoin Expansion"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Michael Saylor, Chairman of Strategy Executive, has revealed a significant plan to increase the company\u2019s Bitcoin (BTC)<\/a> holdings. Michael Saylor<\/a> confirmed that Strategy, formerly known as MicroStrategy, will issue $21 billion in preferred STRK stock in order to purchase more Bitcoin in a recent post on X.<\/p>\n

The statement coincides with larger stock market losses and a 17% price drop for Bitcoin over the previous month. Strategy is steadfast in its resolve to grow its Bitcoin holdings in spite of market volatility, solidifying its standing as the biggest publicly traded company owner of BTC. At the moment, the corporation has 499,096 Bitcoin, which is worth about $41.2 billion.<\/p>\n

Raising Capital Without a Repayment Deadline<\/h2>\n

As part of its \u201c21\/21 plan,\u201d Strategy will issue 8% Series A Perpetual Strike Preferred Stock to generate funds for Bitcoin purchases and general corporate purposes. The perpetual nature of the stock means it has no maturity date, allowing Strategy to raise capital without a fixed repayment schedule.<\/p>\n

Saylor has long advocated for Bitcoin\u2019s strategic importance. Speaking at the Conservative Political Action Conference (CPAC), he described BTC as a vital digital asset for the U.S. economy.<\/p>\n

\u201cRight now you can literally buy it for a song and dance. That\u2019s the opportunity,\u201d <\/em>Saylor said. \u201cThe risk is that you wouldn\u2019t want the Saudis to buy it first, or the Russians or the Chinese or the Europeans. And there\u2019s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States. I think it will be the United States. It\u2019s a way for us to enrich ourselves and emerge as a creditor nation in a matter of a decade. It\u2019s also a way for us to ensure that we\u2019re the economic leaders in cyberspace.\u201d<\/em><\/p>\n

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5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n

New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Strategy\u2019s latest move highlights its ongoing belief in Bitcoin as a long-term asset, even amid market downturns. Investors and industry watchers will be closely monitoring how the stock sale impacts the company\u2019s financial strategy moving forward.<\/p>\n

For more details, read Strategy\u2019s U.S. Securities and Exchange Commission (SEC) filing.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) Michael Saylor, Chairman of Strategy Executive, has revealed a significant plan to increase the company\u2019s Bitcoin (BTC) holdings. Michael Saylor confirmed that Strategy, formerly known as MicroStrategy, will issue $21 billion in preferred STRK stock in order to purchase more Bitcoin in a recent post on […]<\/p>\n","protected":false},"author":35,"featured_media":48923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48922"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=48922"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/48923"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=48922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=48922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=48922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}