#MicroStrategyAcquiresBTC Business intelligence company MicroStrategy has proposed a stock offering to raise cash for “general corporate purposes,” including the acquisition of more Bitcoin (BTC), signaling its intention to continue accumulating the digital asset. According to a Jan. 27 announcement, MicroStrategy intends to offer 2.5 million units of its perpetual preferred stock, which is a type of stock that has a liquidation preference and pays dividends at a fixed rate. Holders also have the option to convert them into common shares.