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Strategy Unveils $4.2 Billion New Capital Plan to Expand Bitcoin Holdings

  • Strategy has launched a capital-raising initiative to expand its Bitcoin reserves, potentially surpassing 600,000 BTC.
  • The plan involves offering shares of its Series A Perpetual Preferred Stock, aiming to generate up to $4.2 billion for Bitcoin acquisitions.
  • Proceeds from the stock offering will support corporate operations, working capital, Bitcoin purchases, and dividend payments.
  • Despite pausing weekly BTC purchases, the company holds 597,325 BTC with unrealized gains of $14 billion, purchased at an average price of $70,982 per coin.

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