
MicroStrategy has announced a new initiative to expand its Bitcoin holdings by raising $563 million through the sale of 7.3 million shares of its 8% Series A Preferred Stock, priced at $80 per share. The company, which already holds 471,107 BTC valued at approximately $48 billion, aims to utilize the proceeds for additional Bitcoin purchases. This funding effort exceeded its initial target of $250 million, reflecting strong investor interest. Michael Saylor, the company's co-founder, has projected that Bitcoin could reach $13 million per coin by 2045, which would significantly increase MicroStrategy's valuation. If this prediction holds true, the company's market cap could potentially soar to $10 trillion.












The only thing that can save Crypto now is for Jim Cramer to say it's time to sell all your Crypto. https://t.co/L4Nft2qclC
"you should own bitcoin, bitcoin is a great thing to have in your portfolio" Jim Cramer Jan 27, 2025 https://t.co/738z6FHKsW
Who the fuck sold https://t.co/qv44FFh08e