Why Michael Saylor Upsized STRD Stock From $250M to $1B Explained

Saylor is back — and he’s going all-in on Bitcoin once again. In a recent interview shared by Swan, Michael revealed that he’s now “more bullish than ever” on his $13 million Bitcoin price prediction, calling it “just math.”

At the same time, his company, MicroStrategy, has launched a bold new financial move — upsizing its STRD stock offering from $250 million to a massive $1 billion. The goal? Raise capital through preferred shares and convert it directly into Bitcoin.

Source: Michael Saylor X

This news came directly from the source — and the market took notice. This move is part of a $1 billion STRD stock IPO, which promises a 10% annual return.

From $250M to $1B: Why the Deal Grew So Fast?

This surprise increase shows just how strong investor demand is for MicroStrategy’s preferred stock tied to its $BTC accumulation strategy.

Originally planned at $250M, the offering will now bring in nearly $1 billion in gross proceeds — all aimed at continuing the Michael Saylor Bitcoin strategy of converting traditional capital into BTC exposure.

With this latest move, he reinforces his position as the bridge between Wall Street instruments and digital asset accumulation.

What Is STRD Stock and Why It’s Important?

On June 6, 2025, MicroStrategy announced the launch of STRD priced at $85/share. Although its liquidation value is $100, investors will receive non-cumulative 10% annual dividends — but only if declared by the board.

This stride preferred share offering is designed as a high-yield, low-dilution way to raise cash from institutional investors. And that cash is going straight into $BTC — again.

He said on CNBC’s Squawk Box that this is a “very scalable, extremely low-risk” way to gain leverage on this asset. It allows the company to raise dollar capital without giving up equity, while still expanding its totla holdings.

Where Will the $1B From STRD Stock Go?

According to the official press release, MicroStrategy expects to receive net proceeds of $979.7 million after expenses. This money will be used for:

• General corporate purposes

• Working capital

• Most importantly, $BTC acquisition

This move mirrors Saylor’s earlier preferred shares campaigns: Strike delivered 29% returns while markets fell. Strive, the previous issuance, gained 22% while other preferreds dropped 4.5%.

I’m More Bullish Than Ever on $13M Bitcoin” — Saylor

In a recent interview shared by Swan, Michael said he is now more bullish on his Bitcoin price prediction of $13 million per BTC.

According to him, this isn't speculation — it's grounded in math and macroeconomics.

“$13 million is not a ceiling — it’s just math,” Saylor emphasized.

Source: Swan X

He explained that over time, as global fiat currencies devalue and institutional capital searches for harder assets, this crypto king will emerge as the final monetary asset.

STRD Stock Explained: How Michael Saylor Is Building a $13M $BTC Future

Michael Saylor is betting on bitcoin again with a 1B STRD stock raise, as well as an ambitious $13 million BTC price target. Building on immense investor interest and long-term conviction, his new method combines the best of Wall Street and the faith of crypto – and there is no sign of slowing down.