Strategy (MSTR) founder and executive chairman, Michael Saylor, isn’t just bullish on Bitcoin — he’s building a corporate empire around it. Strategy, formerly MicroStrategy, recently announced plans to raise a whopping $2.1 billion through an at-the-market (ATM) sale of its 10.00% Series A Perpetual Strife Preferred Stock (STRF). The company has made it clear that the proceeds from this ATM program will be used for “general corporate purposes,” with a key focus on acquiring more Bitcoin.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
This move aligns perfectly with the firm’s increasingly crypto-heavy strategy, which has become a defining trait of its market identity under Saylor.
In terms of share prices, the STRF stock, which debuted on March 26, 2025, has already gained traction. As of now, it’s trading at $99.40, up 9.13% in the past month. Meanwhile, another of Strategy’s preferred offerings, the 8.00% Series A Perpetual Strike Preferred Stock (STRK), is also on the rise, up 17.93% month-over-month and trading at $100.91. At the same time, Strategy’s stock is up 15.54% in the past month, trading at $399.46.
A Legacy of Bitcoin-First Thinking
Since 2020, Strategy has been transforming from a traditional software company into a Bitcoin holding powerhouse. Headquartered in Virginia, the company disclosed in a May 19 SEC filing that it bought Bitcoin at an average price just shy of $103,500.
This brings its total Bitcoin holdings to 576,230 BTC — now worth over $64.25 billion — making it the largest corporate Bitcoin holder in the world.
Saylor’s $13M Bitcoin Prediction and $10 Trillion Vision
Michael Saylor is setting the bar sky-high. In a recent interview with The Financial Times, the Strategy founder projected that Bitcoin could soar to $13 million per coin by 2045. This bold forecast goes hand in hand with his grand vision for the company. “MicroStrategy is in a position where we can grow from a $100 billion enterprise to a $1 trillion enterprise to a $10 trillion enterprise,” Saylor said.
Currently, Strategy holds a market cap of $110.5 billion, meaning there’s plenty of potential upside if his Bitcoin thesis proves right.
The timing of this new offering is no coincidence. Bitcoin hit a record high of $111,861.22 on May 22 and remains just below that level, trading at $111,150 at the time of writing. Saylor is increasing his stakes, confident that Bitcoin still has significant upward potential, and he is strategically positioning Strategy to capitalize on this surge.
Is MicroStrategy a Buy Right Now?
MicroStrategy has drawn strong support from Wall Street analysts. According to TipRanks, the stock holds a Strong Buy rating. Out of 13 analysts, 12 currently call it a Buy, with just one lone Sell and zero Hold ratings. The average MSTR price target sits at $524.92, implying a 30.41% upside.

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue