MicroStrategy plans to raise $2 billion to expand its Bitcoin reserves
MicroStrategy, recognized as the largest corporate holder of Bitcoin, is set to raise $2 billion through a perpetual preferred stock offering, a strategy designed to enhance its Bitcoin reserves while ensuring financial flexibility. This financing method allows the company to issue shares without a maturity date, providing investors with regular dividends and alleviating the pressure of repayment deadlines. The initiative is distinct from previous plans to raise capital through equity