MicroStrategy is doubling down on Bitcoin by purchasing an additional 1,070 BTC. This marks their ninth consecutive week of increasing Bitcoin holdings. The move reaffirms their aggressive strategy towards cryptocurrency investment.
Additionally, MicroStrategy is planning to raise up to $2 billion through a preferred stock offering. This significant financial maneuver indicates the company's commitment to expanding its Bitcoin holdings and capitalizing on potential market opportunities.
Source: www.coindesk.com ↗