"Norway's Genius Group Boosts Bitcoin Holdings to $100M; MicroStrategy Raises $563M for BTC"

Norway Expands Bitcoin Footprint Through MicroStrategy Holdings

Norway-based Genius Group, an AI-powered education company, has announced a rights offering to expand its Bitcoin holdings to $100 million. The company plans to use 100% of the net proceeds from the offering to purchase Bitcoin for its Bitcoin Treasury. If the rights offering is fully subscribed, the proceeds could reach up to $33 million. Additionally, Genius Group aims to secure additional loan financing of up to $22 million, potentially increasing its Bitcoin holdings from approximately $45 million to $100 million.

MicroStrategy, a leader in business intelligence and Bitcoin investment, has successfully priced its offering of 7.3 million shares of 8% Series A perpetual strike preferred stock at $80 per share. The company plans to use the expected net proceeds of approximately $563.4 million for corporate purposes, specifically to acquire more Bitcoin. The offering of perpetual preferred stock provides investors with an "elements of volatility and optionality," highlighting investor sentiment toward increasing Bitcoin value.

MicroStrategy's strategic stock offering has significant implications for Bitcoin investments. Perpetual preferred stock is a unique financial instrument that does not have a set maturity date, allowing the issuing company to pay fixed dividends indefinitely as long as it remains operational. In this instance, MicroStrategy's preferred stock features a liquidation preference of $100 per share and accumulates dividends at a fixed rate of 8% annually. Regular dividends will only be paid if declared by the board, providing flexibility in a volatile market.

Market reactions and long-term projections suggest that Bitcoin's price has substantial upward potential, with predictions suggesting a possible 30% increase over the next three years. This optimistic outlook is expected to translate into positive performance for MicroStrategy's stock (MSTR). By the end of 2027, the company could hold about 783,000 BTC, valued at approximately $130 billion, reflecting an estimated market price of $166,000 per Bitcoin.

MicroStrategy's stock has demonstrated impressive resilience, currently trading around $345 per share, with a market capitalization close to $85 billion. Over the past month, shares have risen by about 15%, while the annual performance has seen a staggering increase of nearly 600%. Such