Back to today’s briefing

Story perspectives

MicroStrategy Buys 130 Bitcoin, Plans $21B Stock Offering

3/18/2025

30 6

Summary

Story summary

MicroStrategy (MSTR) acquired 130 Bitcoin for $10.7 million, increasing total holdings to 499,226 Bitcoin worth $33.1 billion.
The company intends to issue $21 billion in preferred stock to finance additional Bitcoin purchases.
The Series A Perpetual Strike Preferred Stock features a 10% annual cash dividend, compounding if unpaid.
Co-founder Michael Saylor highlights Bitcoin's potential as a key asset during market fluctuations.

1 of 1

Story summary

MicroStrategy (MSTR) acquired 130 Bitcoin for $10.7 million, increasing total holdings to 499,226 Bitcoin worth $33.1 billion.
The company intends to issue $21 billion in preferred stock to finance additional Bitcoin purchases.
The Series A Perpetual Strike Preferred Stock features a 10% annual cash dividend, compounding if unpaid.
Co-founder Michael Saylor highlights Bitcoin's potential as a key asset during market fluctuations.