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International Business Times
International Business Times
Business
Isaiah McCall

Michael Saylor's Strategy Inc. Ups Its Bitcoin War Chest to $2 Billion

The Future of Bitcoin for Corporations: Michael Saylor & Natalie Brunell | Bitcoin For Corporations (Credit: YouTube Screenshot/ MicroStrategy Official YouTube Chanel)

Michael Saylor isn't letting up on his Bitcoin thesis and this week, he proved it again. His firm, Strategy Inc. (formerly known as MicroStrategy), has expanded its latest preferred equity raise from $500 million to a staggering $2 billion, doubling down on its long-standing mission: accumulate as much Bitcoin as possible, and never sell.

These Series A Perpetual Stretch Preferred Shares offer a 9% dividend and will be priced below face value, making them appealing to yield-hungry investors who want Bitcoin exposure without touching BTC directly.

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