MicroStrategy intends to "issue another $21 billion of preferred stock" to continue buying bitcoin, but Strategy's share price has halved from its all-time high

MicroStrategy (formerly MicroStrategy), announced yesterday that the company has entered into a sales agreement that allows MicroStrategy to issue and sell 8% of its Series A freehold exercise preferred stock for a total price of up to $21 billion, and the funds MicroStrategy will continue to use to buy bitcoin. (Synopsis: Micro Strategy Michael Saylor: Can provide a "zero-cost" strategy to increase bitcoin reserves; Grok also gives advice) (Background supplement: Michael Saylor shouted: Even if you sell kidneys, don't sell bitcoin, microstrategy BTC profit fell to $6.6 billion) MicroStrategy (formerly MicroStrategy), the dominant bitcoin holdings of listed companies in the United States, announced yesterday (10) that the company has signed a sales agreement, according to which MicroStrategy can issue and sell 8% of its Series A freehold preferred shares, Each share has a par value of $0.001 and a total price of up to $21 billion. MicroStrategy supplements, which the company refers to as an ATM program, and holders of this perpetually exercised preferred stock can convert it into MicroStrategy's Class A common stock. MicroStrategy Reaffirms Its Bitcoin Strategy In the press release, MicroStrategy said that the funds raised through the ATM program will be used for its general corporate purposes, which include its long-term strategy to acquire Bitcoin as well as the company's working capital. While the announcement did not say whether MicroStrategy has plans to increase its Bitcoin position in the near future, MicroStrategy reiterated that its corporate purpose is to strategically accumulate Bitcoin: We are a public company and we have made Bitcoin our main financial reserve asset. Through equity and debt financing, as well as cash flow from our operating companies, we strategically accumulate Bitcoin and drive it forward as digital capital. Micro Strategy Bitcoin Position Floating Profit Shrinks to $7 Billion According to the latest data from Bitcointreasuries, MicroStrategy currently holds a total of 499,096 bitcoins, with a total purchase cost of about $33.151 billion, but with the recent continuous decline in bitcoin, the total value of Microstrategy's bitcoin holdings has shrunk to $39.387 billion, and unrealized profits have fallen to only about $6.2 billion. In addition, according to statistics, in 2025, MicroStrategy spent about $5.15 billion to increase its position of 51,626 bitcoins, but this part of bitcoin is currently in a loss, with a floating loss of more than $900 million. According to Google financial data, the stock price of MicroStrategy fell by 16.68 under yesterday's flash crash in U.S. stocks, with a cumulative decline of 28.5% in the past 1 month, which has almost fallen from an all-time high ($473.83), and its market value has also fallen to $60.3 billion. Related reports Microstrategy Michael Saylor released "21 Rules of Bitcoin": Disrespect BTC is waiting to be a clown Japan Micro Strategy "Metaplanet announced that its hotel changed its name to "Bitcoin Hotel", investing in bitcoin stock price soared 4000% in a year Microstrategy brand renamed "Strategy" to strengthen the positioning of Bitcoin center, 4 consecutive quarters of losses will affect the pace of increasing BTC positions? "MicroStrategy intends to "issue another $21 billion of preferred stock" to continue buying bitcoin, but Strategy's stock price has halved from its all-time high" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".