Saylor’s New $4.2 Billion Bitcoin Plan Aims to Reassure Skeptics
(Bloomberg) — Michael Saylor isn’t backing down. The Strategy co-founder is preparing to sell $4.2 billion more in preferred stock to fuel his latest Bitcoin bet — while throwing a lifeline to investors worried he’s diluting them into oblivion. Most Read from Bloomberg The plan, unveiled with second-quarter earnings on Thursday, is Saylor’s latest answer…