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    Michael Saylor’s Strategy: $250M Preferred Stock Sale to Buy Bitcoin

    Surabh Yadav

    Last updated: June 3, 2025 05:14 AM UTC

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    2 min read

    Michael Saylor’s Strategy: $250M Preferred Stock Sale to Buy Bitcoin

    Tysons Corner, VA – June 3, 2025 – MicroStrategy, the largest corporate holder of Bitcoin, is doubling down on its pro-Bitcoin strategy. The business intelligence firm, co-founded by Bitcoin advocate Michael Saylor, has announced plans to raise $250 million through a preferred stock offering, with the proceeds earmarked for purchasing even more Bitcoin.

    This move underscores Saylor’s continued conviction in Bitcoin as a superior store of value and a long-term corporate treasury asset.

    “We view Bitcoin as the future of money,” said Saylor in a company statement. “Our capital strategy remains unchanged—convert fiat into Bitcoin whenever possible.”

    The offering involves Series B convertible preferred stock. According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the preferred shares will be offered in a private placement to qualified institutional buyers under Rule 144A of the Securities Act.

    MicroStrategy’s current Bitcoin stash exceeds 214,400 BTC—worth over $13 billion at current market prices. With this latest move, the company signals its intention to push that number even higher, continuing a four-year trend of leveraging debt and equity to accumulate digital assets.

    In parallel to this announcement, MicroStrategy also clarified that it will not pay any dividends on the preferred stock unless specifically declared by the company’s board, a move likely aimed at maximizing retained earnings for further Bitcoin purchases.

    The crypto community has long watched MicroStrategy as a bellwether of institutional confidence in Bitcoin. Each time the firm announces additional acquisitions, markets typically react, viewing the move as a bullish signal.

    As regulatory clarity improves and institutional adoption increases, MicroStrategy’s aggressive strategy could serve as a model for other corporations looking to shield their balance sheets from fiat depreciation.

    This $250 million raise follows a similar $500 million offering completed earlier this year, used in part to acquire an additional 8,800 BTC. Saylor’s vision remains steadfast: a future where Bitcoin replaces fiat as the global reserve asset.

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    Surabh Yadav

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