MicroStrategy Plans to Leverage Fixed Income Securities for Bitcoin Purchases

According to PANews, MicroStrategy's co-founder and chairman, Michael Saylor, has announced the company's intention to increasingly utilize fixed income securities as a capital source for purchasing Bitcoin, following the completion of its current fundraising plan. In a recent interview, Saylor expressed the desire to build a more intelligent leverage structure for common stock shareholders. The company has already raised funds through the issuance of convertible bonds and stocks. To date, MicroStrategy has raised $6.2 billion through its ongoing fundraising efforts, with a portion of these funds allocated for Bitcoin acquisitions. Over the past six weeks, the company has made significant Bitcoin purchases every Monday, totaling $4.2 billion, which has contributed to a remarkable 500% increase in its stock price this year, far surpassing Bitcoin's 150% rise. With its market capitalization surpassing $90 billion, MicroStrategy is on the verge of being included in the Nasdaq 100 index, potentially attracting over $2 billion in index fund investments. Saylor mentioned that the company plans to further leverage fixed income instruments in the first quarter of 2025 and will revise its capital strategy when market conditions are favorable. Additionally, he expressed willingness to serve as an advisor on a potential digital asset advisory committee under President-elect Trump, should he be invited.