Michael Saylor’s Strategy isn’t slowing down its Bitcoin buying spree. The company just announced plans for a $500 million IPO to fuel even more BTC accumulation—potentially pushing its holdings closer to 1 million BTC.
Key Details of the IPO Plan
💰 Offering: 5 million shares of STRC preferred stock 💰 Price: $100 per share 💰 Goal: Fund Bitcoin purchases and working capital
“Strategy intends to use the net proceeds… for general corporate purposes, including the acquisition of bitcoin.”
Why This Matters
1️⃣ MicroStrategy already holds 607,770 BTC (worth ~$72B) 2️⃣ This IPO could add another $500M to its war chest 3️⃣ Market conditions will dictate timing—but Saylor’s clearly not done
What’s Next?
If successful, this could push MicroStrategy closer to 1M BTC
More corporate treasuries may follow Saylor’s lead
BTC price impact? Another major buyer could support prices
