MicroStrategy, under Michael Saylor’s leadership, continues to expand its Bitcoin treasury, leveraging innovative financing tools. The company recently upsized its latest funding round, raising $722.5 million through its Strife Perpetual Preferred Stock (STRF) offering to acquire more Bitcoin.
MicroStrategy’s New Bitcoin Funding Strategy
On March 18, MicroStrategy announced STRF (“Strife”), a new perpetual preferred stock offering.
Unlike STRK, this series carries a higher 10% coupon (vs. 8%) and no common share conversion clause.
Proceeds will be used for general corporate purposes, primarily Bitcoin purchases.
STRF Offering Details
Initial target: $500 million
Final amount raised: $722.5 million
Shares sold: 8.5 million at $85 per share
Total net proceeds: $711.2 million
MicroStrategy Nears 500,000 BTC Mark
With its current Bitcoin holdings exceeding 499,200 BTC, this new capital injection is expected to push MicroStrategy past 500,000 BTC, reinforcing its position as one of the largest institutional Bitcoin holders.
Michael Saylor’s Vision
Saylor remains committed to Bitcoin accumulation, emphasizing its long-term potential. Following the STRF sale, he posted on X (formerly Twitter):
“Everyone wants a winning strategy.”
This statement underscores his unwavering belief in Bitcoin as a superior store of value.
Tracking Bitcoin and Institutional Holdings
For real-time data on Bitcoin transactions and institutional investments, investors can use:
Crypto Currency Free APITrack MicroStrategy’s Bitcoin acquisitions and major market moves.
Market Most Active APIMonitor trading volume and institutional market trends.
Conclusion
MicroStrategy remains at the forefront of institutional Bitcoin investment, using strategic funding methods to increase its holdings. The STRF offering has positioned the company to surpass 500,000 BTC, reinforcing its status as the largest corporate Bitcoin holder. With $42 billion in BTC reserves, MicroStrategy’s bold strategy continues to influence institutional adoption in the crypto space.
