Workflow
"Stretch" (STRC) perpetual preferred shares
icon
Search documents
MicroStrategy Eyes 1 Million BTC: Inside Saylor’s $22.2B Accumulation Plan
Yahoo Finance· 2026-03-23 12:19
MicroStrategy (MSTR) has signaled an ambitious target to accumulate 1 million Bitcoin (BTC) by the end of 2026, a milestone that requires acquiring approximately 239,000 additional coins at an estimated cost of $22.2 billion. The Bitcoin treasury firm, led by Executive Chairman Michael Saylor, plans to finance this aggressive expansion through a combination of “Stretch” (STRC) perpetual preferred shares and at-the-market equity offerings, despite current holdings slipping below their cost basis amid recent ...