MicroStrategy CEO Explores Preferred Stock Offerings to Fund Continued Bitcoin Acquisitions

MicroStrategy is reportedly evaluating the use of preferred stock as a strategic financial instrument to fund its ongoing Bitcoin purchase program. The company’s leadership indicated that this approach could provide a flexible alternative to traditional debt or common equity issuance. By tapping into the preferred stock market, MicroStrategy aims to further increase its Bitcoin holdings, which currently stand as the largest among publicly traded companies. This move follows a series of successful capital raises through convertible notes, highlighting the firm’s persistent ‘Bitcoin Standard’ treasury policy and its commitment to leveraging corporate finance tools to maximize its digital asset portfolio.

Source: Strategy CEO eyes more preferred stock to fund Bitcoin buys