MicroStrategy to raise $2 Billion via Perpetual Stocks: Is Saylor Running Out of Tricks?

From Volatility Genius to Permanent Capital: Has Saylor's Magic Run Out?

Michael Saylor’s MicroStrategy has announced plans to raise $2 billion through a perpetual preferred stock offering.

You asked me to explain what is Saylor doing. 👇

Big Shift From Convertible Bonds to Perpetual Preferred Stock

Previously, Saylor used convertible bonds - briliant volatility play.

Here’s how it worked:

1. Implied Volatility Arbitrage:

- Saylo…