Michael Saylor’s Strategy, the holder of the most Bitcoin in the public corporate sector with approximately 499,000 BTC, aims to raise up to $21 billion through a newly established “ATM Program.” This sales agreement allows the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock for general corporate purposes, including Bitcoin acquisitions. The program is designed to facilitate disciplined sales over an extended timeframe, considering the stock's trading price and volume. The net proceeds will be utilized for corporate actions, notably acquiring more Bitcoin, contributing to the company's ongoing commitment to its “21/21 plan,” which includes plans to raise $21 billion in fixed-income securities within three years. Currently, the company’s Bitcoin holdings were purchased for $33.1 billion at an average price of $66,423 per BTC. This announcement is significant as it underscores Saylor's persistent strategy to accumulate Bitcoin amidst his large existing holding.

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