MicroStrategy Michael Saylor pays homage to Satoshi Nakamoto and Bitcoin, revealing plans to raise $21 billion
This is not the end of the story, as his farewell caption was accompanied by a screenshot of MicroStrategy's stock prospectus supplement, which implies raising $21 billion in capital through the sale of Class A common stock.Crucial SHIB Burn Warning Goes Out to Shiba Inu Community
The news that the software producer is looking to raise $42 billion over the next three years broke yesterday in the midst of MicroStrategy's earnings report. Specifically, half, or $21 billion, will be raised through the sale of MSTR stock. There is symbolism here, a sort of homage to Satoshi and Bitcoin, as the initial total supply of the major cryptocurrency is exactly 21 million BTC. This is also what Saylor seemed to be referring to in his message to Satoshi today.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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