On March 10, Strategy (formerly MicroStrategy) officially filed with the regulatory authority to issue preferred shares, aiming to raise up to $21 Billion. The company said the funds raised will be used for general purposes, including expanding its Bitcoin investment portfolio - a core strategy the company has been pursuing for years.

According to the prospectus filed, Strategy Inc. continues to maintain its focus on accumulating Bit by using the capital raised from share issuance, borrowing, and cash flow from business operations. Although the document does not specifically mention plans to purchase additional Bit in the near future, the company still emphasizes its long-term commitment to the Bit investment strategy.

This move is in line with the trend that Strategy has been implementing in recent years, continuously raising capital from the financial market to increase its Bit holdings. Previously, the company had used methods such as issuing common shares, offering convertible Bonds, and raising loan capital to expand its Bit investment portfolio.

Currently, Strategy is one of the publicly-listed companies with the largest Bit holdings in the world, with a strong focus on this digital asset. The issuance of preferred shares this time may further strengthen the company's position in the market and increase its influence in the Bit ecosystem.