๐จ Michael Saylor Is Going ALL IN on Bitcoin Again โ With a $1 Billion Power Move โก๐ฐ
๐ฅ MicroStrategy (aka Strategy) just announced a MASSIVE $1B stock offering to buy even MORE Bitcoin โ hereโs the breakdown you canโt miss ๐
๐ข The Move:
๐ช Strategy is issuing 11.76M shares of 10% Series A Preferred Stock
๐ต Price per share: $85
๐ Goal: Raise $979.7M net ๐ธ
๐ฏ Use: โGeneral purposesโ โ especially more BTC!
๐ง Saylorโs Plan:
๐ Shifts from common stock to preferred shares
๐ 10% dividend to institutions
๐ Target = Buy up to 9,633 BTC (current BTC price ~$103,800)
๐ฅ Previous BTC Buy?
๐๏ธ Just days ago, June 2
๐ Bought 705 BTC for $75.1M
๐ Now heโs multiplying that 13x!
๐ Bitcoin Premium at +112% ๐จ
๐ According to VanEck, Strategy trades at a +112% premium over spot BTC
๐ฌ โRetail pays more for BTC exposure โ MSTR pockets the diffโ โ Markus Thielen, 10x Research
โ ๏ธ Investors may be overpaying without leverage or added upside
๐ฏ๐ต For comparison:
๐ Japanese firm Metaplanet hit +500% premium = $596,154 ๐คฏ
๐งจ The Bottom Line:
Michael Saylor is betting BIG โ again.
๐ฃ $1B move = confidence in long-term BTC
โ ๏ธ But beware: Premiums are high, and NAV matters!
๐ Repost if youโre bullish like Saylor
๐ฌ Drop a โ๐โ if you're stacking BTC, not just stocks
๐ Or โ๐คโ if you think the premium isnโt worth the price
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