Microstrategy (MTSR) Hints at Another Major Bitcoin Purchase, Targets Capital Raise Via Stocks

Michael Saylor, the CEO of Microstrategy, has hinted on Twitter that the company may have made another large Bitcoin purchase in the last couple of days.

On the social media post, the charismatic CEO suggested that the official Microstrategy Portfolio Tracker may not be correctly updated, likely pointing out that the company purchased more BTC recently.

Over the last 30 days, the company has significantly doubled down on its Bitcoin acquisition strategy. On December 30, the firm acquired over $200 million in BTC — 7 days prior to a major half-a-billion-dollar Bitcoin acquisition.

Despite Bitcoin currently trading near its highest level ever, the fact doesn't seem to be a concern for Michael Saylor. These actions directly align with the CEO's bold predictions for the currency, as he once claimed that Bitcoin will be worth $13 million per coin by 2045.

In order to fund its ambitious $42 billion investment in Bitcoin in 3 years, Microstrategy recently announced via a press release how it will aim to gather the funds to cement the firm as the largest Bitcoin reserve belonging to a public-traded company.

The company plans to fund $2 billion by issuing preferred stocks, which generally gives its owners priority over regular stocks in dividend payments. These funds will be used to purchase more BTC, directly aligning with Microstrategy's plan of having Bitcoin as its primary treasury reserve asset.

This sale is expected to take place during 2025's first quarter, offering investors a new type of asset that may have different features like class-A common stock convertibility, dividend priorities and redemption options.

MTSR is up 13% in pre-market hours from the last close on January 3, according to Yahoo Finance. With only a couple of hours left before the U.S. Stock Market opens, it will certainly be interesting to see how investors react to the recent Microstrategy news.