MicroStrategy cofounder Michael Saylor announced a shift in the company’s fundraising approach, aiming to adopt “intelligent” leverage by focusing on fixed-income markets, as reported by U.Today. The business intelligence firm had initially planned to raise $42 billion over three years but surpassed its targets sooner than expected due to an enthusiastic response from capital markets. Saylor explained that once the current fundraising goal is met, the company will reassess its strategy based on market conditions, exploring options like convertible bonds, fixed-income instruments, or equity markets.
This strategic shift comes as MicroStrategy doubles down on its identity as a Bitcoin treasury company, following its recent inclusion in the Nasdaq-100 index. While the company’s software division remains robust, Saylor emphasized the firm's primary focus on Bitcoin holdings. As MicroStrategy recalibrates its financial strategy, Saylor aims to balance deleveraging with new forms of leverage to continue supporting the company's Bitcoin acquisition strategy.