New Stock Offering from Strategy Aims to Accelerate Bitcoin Holdings
Strategy is launching a 5 million-share stock offering to fuel its aggressive bitcoin acquisition strategy, further solidifying its position as the world’s largest publicly traded bitcoin treasury.
The offering, which will be conducted under the Securities Act of 1933, aims to raise funds for general corporate purposes. Including acquiring more bitcoin. The company recently added 130 BTC, bringing its total holdings to 499,226 BTC. Co-founder Michael Saylor remains bullish on bitcoin’s potential, predicting its price could reach $13 million by 2045. Saylor also advocates for a Strategic Bitcoin Reserve to help reduce U.S. national debt.
Clever Robot News Desk 20th March 2025
