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According to official documents, MicroStrategy Inc. plans to issue an additional 5 million shares of Class A Perpetual Strife preferred stock, with the aim of raising the necessary funds to purchase more Bitcoin. This move is part of its *ongoing strategy to enhance its investment portfolio in digital assets, as the company continues to increase its holdings* of Bitcoin as *one of the alternative assets* with high potential.
MicroStrategy seeks to capitalize on the growing demand for digital currencies, driven by its belief in the strength of Bitcoin as a reserve asset that can bolster its financial position in the long term. This step is expected to increase the company's influence in the cryptocurrency market, as well as boost investor confidence in its Bitcoin-based investment approach.