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Strategy just cranked up the stakes — big time. The company's preferred stock offering? Yeah, they nearly doubled it. Started at €350 million, now sitting at a hefty €620 million. And where's all that cash headed? Straight into Bitcoin.
Michael Saylor's not pumping the brakes. This move signals serious conviction in BTC as a treasury asset. When a publicly traded firm upsizes its raise by that margin, it's not just buying the dip — it's betting on the long game. The kind of institutional appetite that doesn't mess around with half measures.
Market's watching. Every time Strategy adds to its stack, it sends ripples through crypto circles. This isn't retail FOMO. This is corporate strategy with a capital S.