@gerovich The purpose is to expand Bitcoin holdings and preferred shares allow for that while still keeping the balance sheet not overburdened with debt. The timing of Bitcoin price rising over time will dictate the ability to take on new debt as older debt is paid.
@unusual_whales Looks like some more Fraud,Waste,and Abuse discovered. I remember not to long ago the prior administration was threatening to sell these same coins that had been confiscated, much like Germany had done…and now these confiscated coins have disappeared? This is corruption!
@saylor This is huge news for holders of MSTR considering only approx 20-25 stakeholders to be at the roundtable with the Presidential Working Group on Digital Assets with David Sachs and Bo Hines. Other possible attendees Scott Bessent, and Howard Lutnick. Larger invite reception after.