Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, is looking to raise up to $21 billion in fresh capital to purchase more BTC. On March 10, Strategy announced that it had entered into a new sales agreement that would allow the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock to raise

Michael Saylor announced a bold plan for Strategy (formerly MicroStrategy) to sell $21B preferred stock issuance (STRK) for Bitcoin buys and corporate operations. In an X post on the 10th of March, Saylor said,

Strategy plans to raise $21 billion through an at-the-market (ATM) sale of its preferred shares. The company will use the proceeds to boost its Bitcoin