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MicroStrategy is getting more aggressive: Perpetual preferred stock financing supports an average purchase of 1,000 BTC per day
【Crypto World】MicroStrategy’s recent move is quite aggressive. The company’s Executive Chairman Adam Livingston revealed that they plan to raise funds by issuing perpetual preferred shares (Stretch STRC), and then use this money to continuously buy Bitcoin — aiming to steadily acquire 1,000 coins daily.
In other words, MicroStrategy is using financing tools to support its Bitcoin accumulation plan. This perpetual preferred stock ATM (On-Demand Financing) model is essentially opening a continuous funding pipeline. As long as the market cooperates, they can keep purchasing Bitcoin nonstop.
From an institutional investment perspective, this indeed reflects confidence in Bitcoin’s long-term value. A daily purchase of 1,000 coins is a significant amount of capital in the market, which could provide some support to the price trend.