✦ MicroStrategy $MSTR plans to raise funds through a 2.5 million share offering to enhance Bitcoin $BTC investments:

MicroStrategy $MSTR is set to propose a stock offering of 2.5 million units of perpetual strike preferred stock to generate funds for various corporate purposes, including further Bitcoin $BTC acquisitions. Following a recent purchase of $1.1 billion worth of Bitcoin $BTC, the firm now holds 471,107 $BTC. The preferred stock comes with a $100 liquidation preference and offers quarterly dividends starting March 31, with holders able to convert to common stock.