Saylor’s Strategy Buys More Bitcoin After Preferred Shares Sale

March 24, 2025

Saylor’s Strategy Buys More Bitcoin After Preferred Shares Sale – Bloomberg

Michael Saylor at a Bitcoin conference in Nashville. Photographer: Liam Kennedy/Bloomberg

Michael Saylor’s Strategy bought $584.1 million of Bitcoin after raising more than $700 million last week through the sale of so-called perpetual strife preferred stock.Bloomberg Terminal

The purchase, the latest in a series of almost weekly acquisitions since late October, increased the dot-com-era software maker turned leveraged Bitcoin proxy’s holding of the cryptocurrency to around $44.3 billion.