Key facts
- Blue Coin Capital CIO Mike Treidl believes MicroStrategy's Bitcoin buying strategy is set to accelerate.
- Treidl stated that preferred equity will prevent defaults and create a second Bitcoin-buying engine for MicroStrategy.
- The company is reportedly switching to perpetual preferred equity.
Mike Treidl, Chief Investment Officer at Blue Coin Capital, has indicated that MicroStrategy's (MSTR) strategy for acquiring Bitcoin is on the verge of a significant ramp-up. According to Treidl, the company's shift towards perpetual preferred equity is a key factor that will enable it to avoid defaults and establish a secondary mechanism for purchasing Bitcoin.
The company is reportedly transitioning to this new form of financing, which is expected to bolster its capacity for continued Bitcoin accumulation.
