Bitcoin maximalist MicroStrategy (MSTR) has extended its Bitcoin buying spree, raising $584 million through a perpetual convertible preferred stock offering to fund additional Bitcoin purchases. Initially,

MicroStrategy’s stock is set to snap the longest losing streak it’s seen in a year after adding another bullish analyst on bitcoin to its camp.

Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.

MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.

MicroStrategy stock is sitting below a closely watched level as bitcoin prices ease from highs. So, is it time to buy, sell or hold?

Virginia-based MicroStrategy (MSTR) is no ordinary software firm. While its roots lie in enterprise analytics, it has rewritten its own playbook, transforming into the largest corporate holder of Bitcoin (BTCUSD).

MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.

MicroStrategy offers 8% dividends with preferred shares. Learn why MSTR stock’s unique structure provides a low-risk way to gain Bitcoin exposure and growth.