The house Saylor built: Crypto gambler raises stakes (again)

Quick Summary:

Under his 21/21 plan, Michael Saylor looks to raise $42 billion through preferred stock offerings over a three-year timeframe, which MicroStrategy will use to grow its BTC wealth.

The post The house Saylor built: Crypto gambler raises stakes (again) appeared first on CoinGeek.

These instruments (which now represent nearly 9% of the company’s market cap) offer leveraged exposure to MicroStrategy’s already leveraged BTC bet.

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Article Details

Author / Journalist: Adair Snipes

Category: Crypto

Markets: Canada

Topics: 21/21 Plan Business Crypto Crime Cartel Financial Engineering MicroStrategy Michael Saylor BTC Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 08:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1087 words

Reading Time: 7 minutes read

Sentences: 43 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 24971586

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