Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions

• Strategy raises up to $21B through stock sales to boost Bitcoin holdings.  
• Saylor proposes the U.S. acquire 5%-25% of Bitcoin supply to create a national reserve.  
• Strategy holds 499,096 BTC, worth $41.2B, aiming for more acquisitions. 

Strategy, formerly MicroStrategy, is launching a $2.1 billion fundraising effort to significantly increase its Bitcoin holdings. 

The company intends to issue shares through its At the Market (ATM) program to achieve this goal. This move emphasizes Strategy’s sustained commitment to cryptocurrency and digital asset expansion. CEO Michael Saylor publicly announced the initiative through social media platform X.

Convertible Stock Offering via “ATM” for Flexible Market Access

The company will issue convertible preferred stock, which can be converted into Strategy’s Class A common stock. This equity will be sold over an extended period under a disciplined sales agreement. The sale will be conducted through the ATM program. 

This mechanism allows Strategy to issue shares depending on mark…

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