MicroStrategy (MSTR) is set to raise $4.2 billion by issuing perpetual preferred stock (STRD), according to an announcement on its official website. This move reinforces the company's commitment to Bitcoin. The company plans to use the raised capital for further Bitcoin (BTC) acquisitions and general operating expenses. This follows an earlier announcement last month about issuing 2.5 million shares of STRD. This substantial funding initiative highlights MicroStrategy's continued bullish outlook on Bitcoin and its strategy of incorporating the cryptocurrency into its corporate treasury. The raised capital will provide substantial purchasing power, further solidifying MicroStrategy as a major player in the Bitcoin market. The offering is expected to attract significant investor interest, reflecting the growing acceptance of Bitcoin as a valuable asset. ```

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