MicroStrategy CEO Michael Saylor is reportedly crafting an ambitious $84 billion fundraising plan to acquire more Bitcoin—potentially adding 1.3 million BTC (6% of supply) to the company’s holdings. $BTC
Key Details:
- Funding Methods: Potential bond offerings, stock sales, Bitcoin-backed loans, and institutional partnerships.
- Goal: MicroStrategy already holds 214,000 BTC ($14B+); this move could make it the largest Bitcoin entity, surpassing many nations’ reserves.
- Why $84B? At ~$65K/BTC, this buys 1.3M BTC, intensifying the supply squeeze. $ETH
Market Impact:
- Price Surge Likely: Massive corporate demand could drive BTC prices higher.
- Regulatory Risks: SEC may scrutinize such a large-scale move.
Saylor remains unwavering, calling Bitcoin “the ultimate treasury asset.” If executed, this would be the boldest corporate bet in crypto history. $SOL
Stay tuned for updates.