PANews reported on January 16 that according to CoinDesk, MicroStrategy plans to raise funds by issuing $2 billion in perpetual preferred shares , and the specific terms are expected to be announced in the first quarter of 2025. Perpetual preferred shares have no fixed maturity date, and holders receive fixed dividends but no voting rights. Benchmark maintains a buy rating on MSTR with a target price of $650.

MicroStrategy currently holds 450,000 bitcoins. The company is expected to vote on increasing the number of authorized preferred and common shares at a special meeting of shareholders on January 21.