MicroStrategy's $42 billion capital plan to acquire more Bitcoin, funded by new equity and preferred stock, is a dangerous bet. This software company, now essentially a highly leveraged Bitcoin fund, is already sitting on an unrealized $4.1 billion loss. Is this a visionary strategy or a reckless misuse of shareholder capital?
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Michael Saylor Bitcoin Strategy•Bitcoin Treasury•Strategy ATM Plan•At-the-market (ATM) Capital Program•MSTR Stock Today•STRC
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