Microstrategy to raise funds up to $21 Billion for General Purpose including BTC acquisition.

Microstrategy has announced plans to raise up to $21 billion through an At-The-Market (ATM) Program. This initiative involves issuing and selling shares of its 8% Series A perpetual strike preferred stock. The company intends to use the net proceeds from this program for general corporate purposes, including the acquisition of Bitcoin and working capital needs.

As of February 17, 2025, Strategy holds approximately 478,740 bitcoins, valued at about $46.6 billion at current market prices.

The company has been actively increasing its Bitcoin holdings, reflecting its commitment to integrating digital assets into its corporate strategy.

This fundraising effort underscores Strategy’s dedication to expanding its Bitcoin portfolio and solidifying its position as a leading corporate holder of the cryptocurrency. By leveraging the ATM Program, the company aims to strategically time its stock sales, considering market conditions to optimize the proceeds for further Bitcoin acquisitions and other corporate purposes.