Monday 30 March 2026Afternoon Edition

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Crypto

Strategy Expands Capital-Raising Plans to 44 Billion Dollars to Fund Ongoing Bitcoin Purchases

Michael Saylor's company adds new Wall Street partners and expanded share issuance to keep its Bitcoin-buying machine fuelled

Zotpaper2 min read📰 4 sources
Strategy, formerly MicroStrategy, has unveiled plans to issue 44 billion dollars in equity across its common and preferred stock lines, bringing its potential Bitcoin buying power back to historic levels as it expands ATM programs with new Wall Street partners.

The company has relied on a mix of common and preferred stock issuance for flexibility to tap whichever investor base is most receptive at any given time. The expanded programs effectively reload the company's capacity to acquire Bitcoin after previous rounds of purchases.

Meanwhile, BitMine Immersion Technologies now holds more than 10 billion dollars worth of Ethereum, leading the ETH treasury pack as the asset rebounds on optimism around a potential Iran ceasefire.

The moves come as Ethereum prices jumped alongside broader crypto markets, with traders interpreting Trump's pause on Iran strikes as a potential pathway to de-escalation that would ease global risk sentiment.

Analysis

Why This Matters

Strategy's continued aggressive Bitcoin accumulation through equity issuance has become a template that other companies are now copying with Ethereum. The 44 billion dollar figure represents an enormous bet on cryptocurrency as a treasury asset.

Background

Strategy holds the largest corporate Bitcoin treasury in the world and has consistently used creative financing to expand its position. The approach has been both celebrated and criticised on Wall Street.

What to Watch

Whether the expanded issuance creates dilution pressure on MSTR shares, and whether the BitMine Ethereum treasury model proves sustainable.

Sources