MicroStrategy CEO Michael Saylor Announces $21 Billion Capital Raise for Bitcoin Acquisition

Michael Saylor, the CEO of MicroStrategy, has announced a bold financial strategy to raise up to $21 billion through the issuance of 8.00% Series A Perpetual Strike Preferred Stock. This innovative offering provides investors with an annual fixed return of 8% and the option to convert the preferred stock into MicroStrategy’s Class A common stock. The primary goal of this capital raise is to acquire more Bitcoin and strengthen the company’s working capital for general corporate needs.

This type of offering, known as an “ATM Program,” allows MicroStrategy to raise capital more flexibly and gradually, rather than all at once. Unlike traditional stock offerings, an ATM program enables the company to sell shares over time based on market conditions such as stock price. This approach offers MicroStrategy the flexibility to take advantage of favorable market conditions and ensures that it does not flood the market with large, one-time sales.

Saylor’s strategy aligns with his vision for the future of MicroStrategy and the broader digital asset space. On March 7, 2025, Saylor attended the White House Crypto Summit, where he presented a comprehensive strategy to position the U.S. as a leader in the digital asset space. He proposed that the U.S. government acquire between 5% and 25% of Bitcoin’s total supply by 2035, aiming to establish a substantial national Bitcoin reserve. This initiative could generate significant economic benefits, potentially aiding in reducing the national debt and enhancing economic prosperity.

Saylor’s participation in the summit and his advocacy for a national Bitcoin reserve underscore a significant shift in U.S. policy toward embracing digital assets as strategic economic tools. This move is another demonstration of Saylor’s commitment to leveraging Bitcoin as a key component of MicroStrategy’s growth strategy. By raising capital through this innovative offering, MicroStrategy aims to further solidify its position as a leader in the digital asset space and continue to drive growth through strategic investments in Bitcoin.