Michael Saylor Announces Plans to Raise $21 billion from Stock Sale

Onose Enaholo

Michael Saylor announced plans to raise funds to buy Bitcoin by issuing and selling $21 billion worth of MicroStrategy shares. The equity raise is part of a larger plan to raise $42 billion for Bitcoin purchases over the next three years. The at-the-market equity offering will dilute current shares by 42% of their capitalisation, which […]

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Michael Saylor Announces Plans to Raise $21 billion from Stock Sale