Business intelligence firm MicroStrategy has significantly expanded its Bitcoin reserves, now holding 860,770 BTC valued at approximately $71.8 billion. The holdings currently reflect a 64.58% unrealized gain from cumulative acquisition costs.
To fund additional Bitcoin purchases, MicroStrategy announced a $2 billion registered offering of Stretch preferred stock. This marks the company’s latest capital-raising effort dedicated to expanding its cryptocurrency treasury strategy under CEO Michael Saylor’s leadership.
Simultaneously, prominent investor Robert Kiyosaki has predicted an imminent historic market collapse driven by U.S. debt concerns and Federal Reserve monetary policies. Despite his bearish macroeconomic outlook, the ‘Rich Dad Poor Dad’ author stated he would actively purchase Bitcoin, gold, and silver should asset prices decline significantly during the anticipated downturn.
The contrasting positions highlight institutional conviction in Bitcoin’s long-term value proposition amid volatility, while also acknowledging near-term market vulnerability. MicroStrategy’s continued aggressive accumulation reinforces its position as the largest corporate holder of the cryptocurrency.