Is Saylor the Bitcoin Whisperer? $2.1B Stock Sale Sparks Speculation! 💰🤔

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Ah, dear reader, in a world where fortunes are as fleeting as a summer’s day, Strategy—once known as MicroStrategy—has unveiled its grand design to amass a staggering $2.1 billion by peddling its 10.00% Series A Perpetual Strife Preferred Stock (STRF). A prospectus has been dutifully filed with the U.S. Securities and Exchange Commission, as if to say, “Fear not, for we shall sell our wares under the most fashionable of market conditions!”

Picture this: shares sold not in a grand bazaar, but rather, bit by bit, like a fine wine savored over candlelight. The sales may occur as regular trades, or perhaps in the clandestine shadows of big block trades, or even through the whispers of privately negotiated deals. The funds, they declare, shall be used for the most noble of pursuits—growing their empire, covering costs, and, of course, indulging in the delightful acquisition of more Bitcoin. 🍷💸

Now, let us ponder the nature of this “perpetual” stock. It is a curious creature, one that neither expires nor matures, much like the hopes of a romantic poet. Investors are promised a 10% dividend, yet the company is under no obligation to repay this bounty as one would a common loan. Ah, the audacity! Strategy seeks to dance with the capital markets, all in the name of Bitcoin.

In a recent revelation, this software sorcerer has confessed to acquiring 7,390 additional Bitcoins between May 12 and May 18, at the princely sum of $764.9 million—an average of $103,498 per Bitcoin. The funds for this extravagant purchase were plucked from the earlier sales of its class A common stock (MSTR) and another exotic form of preferred stock known as STRK. 🤑

With this latest acquisition, Strategy now boasts a treasure trove of 576,230 Bitcoins, valued at over $64 billion. They claim to have spent around $40.2 billion in total, including fees, which places their average price at a mere $69,726 per coin. Thus, they find themselves perched upon a mountain of $23.8 billion in paper profits—an impressive 2.7% of all Bitcoin in circulation. 📈

And lo! This new STRF stock program is but a chapter in Strategy’s audacious “42/42” plan, aiming to raise a staggering $84 billion by 2027 through equity and convertible notes—double the ambition of their previous “21/21” endeavor. With the prior equity sale program now a relic of the past, they turn their gaze to STRF, ever the opportunists in this grand theatre of finance.

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2025-05-22 19:05