MicroStrategy, known for being the largest Bitcoin holder worldwide, saw a notable 13.22% rise in its stock on January 4. This surge follows the company's announcement of a significant capital increase plan worth $2 billion.
The issuance of perpetual preferred shares is a testament to MicroStrategy's steadfast commitment to expanding its Bitcoin reserves.
This strategic decision is continuing to capture the market's focus, indicating bullish sentiments towards the company's Bitcoin ambitions.
Source: www.thecoinrepublic.com ↗
