MicroStrategy now holds 860,770 Bitcoin worth $71.8B and expands its portfolio with a $2B Stretch preferred stock offering.
Michael Saylor’s continued Bitcoin purchases and capital raises show strong long-term confidence despite market uncertainty and volatility.
Robert Kiyosaki warns of an imminent historic crash but plans to buy Bitcoin, gold, and silver if prices collapse further.
Michael Saylor has reignited speculation with a new post showing MicroStrategy’s Bitcoin tracker, hinting at another possible BTC purchase. The tracker reveals the firm now holds 860,770 Bitcoin, valued at $71.8 billion. That figure reflects a 64.58% unrealized gain, totaling $28.17 billion in profit.
Saylor reminded followers that “it all began with a quarter billion in bitcoin,” pointing to their early and aggressive investment approach. Bitcoin was trading between $10,000 and $20,000 during those first purchases, while recent buys topped $100,000 per coin.
MicroStrategy Doubles Down With Stretch
Besides showing strong paper gains, MicroStrategy is also raising more capital to expand its crypto portfolio. The firm launched a new preferred stock offering called “Stretch” (STRC). Initially, the company aimed to raise $500 million. However, strong investor demand pushed them to increase it to $2 billion.
Each Stretch share is priced at $90, slightly below the $100 face value. Despite the discount, demand has remained high. Consequently, the firm expects to close the offering by Thursday afternoon in New York. The new Series A Stretch shares offer a 9% dividend and rank above earlier stock classes like Strike and Stride.
Moreover, these shares sit just below the company’s convertible bonds and Strife securities in terms of seniority. Saylor’s move shows MicroStrategy’s confidence in Bitcoin’s future despite market uncertainty.
Kiyosaki Warns of Major Market Collapse
Meanwhile, Robert Kiyosaki, author of Rich Dad Poor Dad, is issuing fresh warnings. He believes the largest financial crash in history is on the horizon. Kiyosaki blames the U.S. Federal Reserve, calling America the biggest debtor in history.
He noted that in every major crisis, the Fed prints more money to delay the fallout. From the 1987 crash to COVID-19, and even the Silicon Valley Bank collapse, the pattern repeats.
Notably,, Kiyosaki predicted all major asset bubbles—including Bitcoin—could burst soon. However, he sees it as a buying opportunity. “If prices crash, I’ll be buying,” he stated.
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