CandleFocus Bitcoin Buyer MicroStrategy to Change Fundraising Strategy
2024-12-19
Author: Content Editor
MicroStrategy co-founder Michael Saylor plans to overhaul the company's fundraising strategy to incorporate more "intelligent" leverage. The business intelligence firm had announced plans to raise $42 billion over three years but has already exceeded its target. Saylor said they would continue to raise capital through fixed-income markets and will assess their capital plan once the fundraising goal is reached. Saylor expects the mix to shift more towards fixed-income markets in Q1. MicroStrategy was recently included in the Nasdaq-100 index and considers itself primarily a Bitcoin Treasury company.
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