MicroStrategy plans a $2 billion perpetual preferred stock offering in Q1 2025 to fuel further Bitcoin acquisitions. This innovative financing aims to provide investors with leveraged exposure to Bitcoin, offering returns and volatility projected at 1.5x that of Bitcoin. The strategy reflects optimism about regulatory changes and the incoming administration’s potential support for the crypto industry.
Calamos Investment Management is launching the world’s first 100% downside-protected Bitcoin ETF, CBOJ, on January 22nd. This innovative ETF combines treasury securities and options, providing investors with annual downside protection while participating in Bitcoin’s potential growth. This launch comes amid record institutional investment in crypto, following the success of other Bitcoin ETFs. At the time of writing, Bitcoin traded near $101,696.58.
Microsoft rejected a proposal to invest in Bitcoin, contrasting sharply with its second-largest shareholder, BlackRock’s, optimistic view. BlackRock, a major Bitcoin proponent, launched a successful Bitcoin ETF, while Microsoft cited volatility as a concern. This highlights the ongoing debate about Bitcoin’s place in corporate investment strategies.
