In a daring move that’s turning heads on Wall Street, Michael Saylor‘s MicroStrategy is doubling down on its Bitcoin bet with a jaw-dropping $2.6 billion convertible note offering. This latest play is part of the company’s audacious “21/21 Plan” to raise a staggering $42 billion for Bitcoin acquisitions over the next three years.
MicroStrategy‘s stock has skyrocketed 600% in the past year, catapulting the company into the ranks of the top 100 U.S. public firms. But is this meteoric rise sustainable, or are we witnessing the formation of a dangerous bubble?
As Bitcoin surges past $90,000, riding high on Trump’s return to the White House, MicroStrategy‘s strategy seems to be paying off—for now. The company’s Bitcoin holdings have swelled to over 331,200 coins, worth a mind-boggling $30 billion.
Critics, including gold bug Peter Schiff, are sounding the alarm. Schiff warns of a potentially unsustainable feedback loop where MicroStrategy‘s rising stock price fuels more Bitcoin purchases, driving up both in a dizzying spiral.
Is MicroStrategy‘s Bitcoin obsession a stroke of genius or a recipe for disaster? With the company now controlling over 1% of Bitcoin’s total supply, the stakes couldn’t be higher. For the full, in-depth analysis of MicroStrategy‘s high-stakes Bitcoin strategy, check out the original report on FinTelegram. The Cyber Voice brings you the cutting edge of crypto news—stay tuned for more updates on this developing story.
