MicroStrategy's approach to finance, labelled as an 'infinite money glitch', involves borrowing and reissuing stock to continuously accumulate Bitcoin, driving MSTR stock prices up.
The firm is now increasing its stock issuance capacity significantly while also preparing to navigate higher risks with a new $2 billion perpetual preferred share offering.
The strategy is highly risky, particularly in a volatile economic climate, where rising inflation and interest rates might precipitate a crypto market crash.
With its perpetual preferred stock offering, MicroStrategy gives no voting rights to investors but assures that they will be paid before regular stockholders if the company fails.
Collection
[
|
...
]