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Saylor Doubles Down: MicroStrategy Plans Stock Offering to Fuel Bitcoin Treasury
Saylor Doubles Down: MicroStrategy Plans Stock Offering to Fuel Bitcoin Treasury
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MicroStrategy’s CEO is at it again—turning Wall Street into a Bitcoin ATM.
The business intelligence firm filed to sell $500 million in Class A stock, with proceeds earmarked for more BTC acquisitions and ’general corporate purposes’ (read: keeping the lights on while they HODL).
This marks their third capital raise in 12 months—because when your stock trades at a 175% premium to your actual revenue, why not print more?
The move follows Saylor’s now-familiar playbook: leverage traditional finance to bankroll crypto ambitions while short-sellers foam at the mouth. Will this latest gambit push their Bitcoin stash past 300,000 coins? Stay tuned.
Meanwhile, gold bugs quietly seethe in the corner.
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