$2B Raise Gives Saylor's Strategy Boost to Bitcoin Buying Power
Michael Saylor's Strategy has raised $2 billion by selling shares in an 'at-the-market' program, increasing its USD reserves to $6.69 billion.
The company will now have more flexibility to purchase Bitcoin, buy back shares, or pay off debts with its increased liquidity.
This decision is significant for crypto markets, as Strategy holds the largest corporate treasury of BTC, influencing spot demand, equity dilution, and investor sentiment.