Tags: Michael Saylor

Strategy’s Bitcoin playbook has seen it outperform tech giants like Apple, Google, and Tesla by a wide margin.

Strategy faces financial pressure due to Bitcoin price volatility, possibly leading to a sale of BTC holdings to meet debts.

Strategy’s recently made a Bitcoin purchase of 130 BTC for $10.7 million – its smallest acquisition since its first in 2020.

The company’s total stash is nearing the 500,000 BTC mark.

Strategy plans to raise $21 billion through a preferred stock offering, with funds focused on Bitcoin and business expenses.

Michael Saylor supports a U.S. Bitcoin reserve, arguing it’s crucial for economic stability and establishing dominance in cyberspace.

The company now holds almost 479,000 BTC.

Saylor urged Microsoft to embrace Bitcoin, projecting it could boost the company’s market cap by $4.9T and add $584 to its stock price.

The convertible senior notes offer holders options for cash, stock, or a mix, with a starting conversion rate tied to a $672 strike price.

MicroStrategy now sits on a massive paper profit of roughly $13 billion.