menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Here’s How...
source image

Crypto-News-Flash

2w

read

26

img
dot

Image Credit: Crypto-News-Flash

Here’s How Saylor Plans to Raise $21B to Expand Bitcoin Holdings

  • Michael Saylor, the founder of Strategy, plans to raise up to $21 billion in preferred stock to expand the company's Bitcoin holdings.
  • Saylor's proposal for a Strategic Bitcoin Reserve could reshape national treasury strategies and strengthen Bitcoin's strategic importance.
  • Through the issuance of preferred stock, Strategy aims to raise capital for general corporate purposes, including acquiring more Bitcoin.
  • Saylor's vision for a national Bitcoin reserve highlights a shift in U.S. policy towards embracing digital assets for economic purposes.

Read Full Article

like

1 Like

For uninterrupted reading, download the app