Michael Saylor's Strategy to Raise $84B to Purchase More Bitcoin
Michael Saylor’s MicroStrategy has filed to offer up to $84 billion in preferred stocks to raise funds to accumulate more Bitcoin. The offer aims to acquire BTC up to $84 billion, making it far and away the top holder of the cryptocurrency. As of 2025, MicroStrategy holds nearly 530,000 BTC worth over $41 billion. Bitcoin’s price could soar if the plan is effective. MicroStrategy expects to make sales of perpetual strike preferred stocks in an extended period. The firm takes into account the trading price and trading volumes of the perpetual strike preferred stock at the time of sale. Saylor’s firm intends to use the net proceeds for general corporate purposes, including buying more Bitcoin. Strategy announces BTC Yield of 13.7% and BTC $ Gain of $5.8B year-to-date, doubles capital plan to $42B equity and $42B fixed income to purchase bitcoin, and increases BTC Yield target from 15% to 25% and BTC $ Gain target from $10B to $15B. $MSTR $STRK $STRF — Strategy (@Strategy) May 1, 202...