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
From the press release:
“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