Michael Saylor, CEO of Strategy, has announced a groundbreaking initiative to raise $21 billion through the issuance of 8.00% Series A Perpetual Strike Preferred Stock. This offering aims to fuel the company’s strategic growth, with a focus on acquiring more Bitcoin and enhancing its working capital. Investors in the offering will receive a fixed annual return of 8% and have the option to convert their preferred stock into Strategy’s Class A common stock.
Strategy Announces $21 Billion $STRK At-The-Market Program $MSTR https://t.co/yTfmDuot3V
— Michael Saylor⚡️ (@saylor) March 10, 2025
This move signals Saylor’s ongoing commitment to expanding Bitcoin holdings and positioning the company as a leader in digital assets.
Flexible Capital Raising with the ATM Program
The fundraising strategy uses an At-the-Market (ATM) Program, which allows Strategy to issue the stock gradually, taking advantage of favorable market conditions. Unlike traditional stock offerings, the ATM program enables the company to sell shares incrementally rather than all at once, reducing the risk of market disruptions. This flexible approach gives Strategy the ability to adjust its capital raising efforts according to stock price movements and trading volumes, ensuring a more controlled and strategic approach to funding.
Saylor’s Vision for a National Bitcoin Reserve
In addition to this major corporate initiative, Michael Saylor recently presented a bold proposal at the White House Crypto Summit. He suggested that the U.S. government acquire 5% to 25% of Bitcoin’s total supply by 2035, creating a national Bitcoin reserve. Saylor believes that this strategy could generate between $16 trillion and $81 trillion by 2045, potentially easing national debt and boosting the U.S. economy. This proposal underscores the growing influence of Bitcoin and digital assets in shaping the future of global finance, with Saylor at the helm of this transformative vision.
Also read:Crypto Market Faces $620 Million Liquidation Crisis Amid Bitcoin’s Struggles