olugbo on Nostr: #microstrategy wants $2B to buy more #bitcoin using perpetual preferred stock, a ...

#microstrategy wants $2B to buy more #bitcoin using perpetual preferred stock, a fancy stock-bond hybrid that lives forever.
Timing? TBD.
Market conditions? 🤷‍♂️ Investors? Buckle up

https://www.microstrategy.com/press/microstrategy-to-target-a-capital-raise-of-up-to-2-billion-of-preferred-stock_01-03-2025