MicroStrategy increases its position in Bitcoin "issues $250 million preferred stock", Michael Saylor: buy BTC is an explosive trend

(STRD) Strategy announced the issuance of $250 million in new perpetual preferred stock, founder Michael Sellor said that when more people buy BTC, the network will be stronger than before. (Synopsis: Micro Strategy added $427 million to Bitcoin's "position exceeded 580,000", and BTC once stood back $110,000) (Background supplement: software can't be sold, rely on Bitcoin to seal God!) Decoding Micro Strategy and Michael Saylor's Financial Magic) Strategy (NASDAQ: MSTR), known for its large Bitcoin holdings, announced on June 2, 2025 that it plans to raise $250 million through the issuance of new perpetual preferred shares, mainly to increase its already large holdings of Bitcoin (BTC) reserves. The move once again underscores the strategy of its executive chairman, Michael Saylor, to treat bitcoin as a core reserve asset. Preferred Stock Issuance Details and Use of Funds According to Strategy's announcement on the same day, the shares planned to be issued are 10.00% Series A Perpetual Stride Preferred Stock with the stock code STRD. The company plans to raise $250 million through an initial public offering of (IPO).5 million STRD shares at a price of $100 per share. The preferred stock provides a cash dividend of 10% per annum, but it is "non-cumulative" and must be declared by the Board of Directors or its authorized committee before payment; If not declared, dividends will not accrue. If announced, the initial dividend is expected to commence on 30 September 2025 and be paid at the end of each fiscal quarter. Strategy notes that the net proceeds will be used for general corporate purposes, primarily to acquire additional bitcoin and replenish working capital. Bitcoin Holdings Strategy is currently the world's largest publicly traded company in Bitcoin, holding approximately 580,955 BTC, worth more than $61 billion at the current price of approximately $106,000 in Bitcoin, more than double all other publicly held companies combined. Based on the Bitcoin price of about $106,325 at the time, this $250 million could theoretically purchase about 2,351.8 additional Bitcoin. This is the latest financing instrument used by Strategy for its Bitcoin acquisition strategy, following the issuance of common shares and convertible notes. Recently, Strategy raised approximately $75 million through its prior preferred stock offering and purchased 705 BTC, giving it an average overall holding cost of approximately $70,023/BTC, compared to an average recent purchase price of approximately $106,495/BTC. Michael Saylor also recently said that the strategy has triggered an explosion of imitation around the world, and said in an interview with CNBC that "orange is the best color": Bitcoin is the best capital, the more participants enter the ecosystem, the more diverse the protocol, the stronger the distribution, the cleaner it is, the stronger it is, the stronger it is, so this means that it is more trustworthy to large economic players who would otherwise be afraid to put all their economic weight on the network. Related reports Legendary big short Jim Chanos shouts "short micro strategy, long bitcoin", arbitrage crazy idea detonates Wall Street debate crypto valuation 5 listed companies that bought bitcoin at a high level: Floating losses of more than $4 billion during the strategy microstrategy period Bitcoin pullback 32% Is "the company that bought BTC as a reserve" still alive? The future concerns of the micro-strategy imitation tide (micro-strategy re-positions in bitcoin "issue 250 million magnesium preferred shares", Michael Saylor: buy BTC is an explosive trend" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".