MicroStrategy has applied for up to $21 billion in preferred stock to buy more Bitcoin.
The offering is intended to raise funds for general purposes, including the possible purchase of Bitcoin.
The company stated that it will continue to execute its Bitcoin accumulation strategy and will utilize equity financing, debt financing, and operating cash flow to support this strategy.
The filing does not mention any new Bitcoin purchases but highlights the company's continued commitment to its Bitcoin strategy.
*This is not investment advice.