Michael Saylor’s $2.5B Bitcoin Bet: MicroStrategy Doubles Down with Record Stock Offering
Wall Street’s favorite crypto cowboy is at it again. MicroStrategy just bulldozed through a $2.5 billion stock offering—not to pivot, not to diversify, but to sink every last dollar into Bitcoin. Because when you’re all-in, why not go deeper?
The playbook stays the same
Saylor’s strategy hasn’t changed since 2020: issue equity, convert to BTC, repeat. This time? The largest capital raise in the company’s history—because apparently ‘enough’ isn’t a word in crypto circles.
Institutions keep feeding the beast
The offering was oversubscribed (naturally). TradFi might pretend to hate volatility, but they’ll line up around the block for a leveraged Bitcoin proxy. Irony’s dead—buried under a mountain of institutional FOMO.
One hedge fund manager yawns: ‘At this point, MicroStrategy’s just an ETF with extra steps and a Nasdaq ticker.’ Ouch.
