Michael Saylor Invests $2.1 Billion in Bitcoin via Strategic Stock Offering

Michael Saylor, CEO of Strategy, has announced a substantial investment of $2.1 billion in Bitcoin through an innovative stock offering. This move utilizes a 10% Series A Perpetual Strife Preferred Stock offering to acquire additional crypto assets. The company seeks to bolster its existing holdings of 576,230 BTC (representing 2.74% of the global supply), solidifying its position as a major Bitcoin investor.