MicroStrategy Raises $18.8M via Equity Issuance to Finance 168 BTC Purchase

Deal Summary

MicroStrategy (MSTR) raised $18.8 million through the issuance of perpetual preferred shares and common stock to finance the purchase of 168 BTC, bringing its total holdings to 640,418 BTC. The financing and purchase were disclosed in a company filing on 2025-10-20.