๐จ TODAY'S BIG NEWS! ๐จ
MicroStrategy just launched $STRF (โStrifeโ), a NEW perpetual preferred stock offering! ๐ผ๐
And guess what theyโre doing with the proceeds?
Buying MORE $BTC! ๐งโฟ๐ฅ
WHAT IS $STRF?
โ A perpetual preferred stock ๐ฐ
โ Designed to raise fresh capital ๐ฆ
โ Symbolically named โStrifeโ โ because stacking sats isnโt easy! โ๏ธ๐ช
WHAT MICROSTRATEGY PLANS TO DO:
๐ธ Take the funds from $STRF
โก๏ธ Buy MORE Bitcoin ๐งโฟ
โก๏ธ Strengthen their position as the largest corporate BTC holder in the world! ๐๐
WHY IT MATTERS:
More institutional money pouring into Bitcoin ๐
Michael Saylor doubling down on his laser-eyed vision ๐๐ด
This could signal more confidence and adoption in the crypto space! โก๐ช
IS THIS BULLISH?
You tell me!
โ More BTC buys = less supply
โ Less supply + growing demand = potential price pump ๐๐
SOโฆ
Are you watching MicroStrategy make power moves? ๐๐ผ
Is $BTC headed even HIGHER? ๐งโฟ๐
Letโs talk about it below! ๐๐ฃ๏ธ