Michael Saylor’s firm, Strategy, is making a massive financial move, planning to raise up to $21 billion to buy more Bitcoin. The company, already holding 499,096 BTC (worth approximately $41.2 billion), is pushing forward with its aggressive Bitcoin acquisition strategy.

On March 10, Strategy announced a new sales agreement allowing the company to issue and sell shares of its 8% Series A perpetual strike preferred stock. The funds will be used for general corporate needs, with Bitcoin acquisitions being a key focus. Under its “ATM Program,” Strategy aims to sell shares strategically over time, depending on market conditions.

In a filing with the SEC, the firm confirmed that net proceeds from the ATM Program would go toward Bitcoin purchases and operational funding. This aligns with Strategy’s ambitious “21/21 plan,” which outlines raising $21 billion in equity and $21 billion in fixed-income securities over three years to boost its BTC reserves.

So far in 2025, Strategy has acquired 52,696 BTC, contributing to its 6.9% year-to-date BTC yield with Bitcoin trading at $82,972. The company has set an even higher goal for the year, aiming for a 15% BTC yield by the end of 2025.

Since its first Bitcoin purchase in August 2020, Strategy has become a key player in institutional crypto adoption, influencing major companies like Tesla and Metaplanet. Meanwhile, Saylor continues pushing for the U.S. government to expand its Bitcoin reserves, advocating for a national strategy that could see the country amassing 525,000 BTC.

This move by Strategy signals confidence in Bitcoin’s long-term value, setting the stage for another wave of institutional adoption.