Strategy Raises $2 Billion for Bitcoin as $500K Predictions Emerge

Michael Saylor’s firm, Strategy (formerly MicroStrategy), is doubling down on Bitcoin once again, announcing a new $2 billion private offering to fund more BTC purchases. The company has consistently been one of Bitcoin’s largest corporate buyers, and this latest move signals even greater confidence in BTC’s long-term value.

Currently, Bitcoin is trading at $95,300, recovering from yesterday’s dip below $94,000. This fresh investment by Strategy could provide additional support for Bitcoin’s price as the firm continues accumulating at scale.

Strategy’s Aggressive Bitcoin Accumulation Continues

Strategy has been on a relentless Bitcoin buying spree, already holding nearly 480,000 BTC. Their latest purchase was a $563 million Bitcoin acquisition, further solidifying their position as the largest corporate Bitcoin holder.

This $2 billion funding round could mean another massive Bitcoin purchase, likely pushing BTC’s price higher as supply on exchanges continues to shrink.

Standard Chartered Predicts $500K Bitcoin by 2028

While Strategy continues to acquire Bitcoin, institutional projections remain highly optimistic. Standard Chartered Bank recently forecasted that Bitcoin could hit $500,000 by 2028, driven by sovereign wealth fund adoption and increasing corporate treasury allocations.

With more institutional investors and sovereign wealth funds entering the market, Bitcoin’s price could rise to $500,000 by 2028.

CoinCodex Bitcoin Prediction: $300K by 2029

While Standard Chartered is extremely bullish, CoinCodex’s Bitcoin price prediction remains more conservative. Our model estimates that Bitcoin will:

• Surpass $300,000 in 2029
• Continue long-term upward trend with institutional adoption

Although Bitcoin may not reach $500,000 as quickly as some predict, the growing corporate and institutional demand suggests that BTC’s long-term price trajectory remains highly bullish.

Final Thoughts: Strategy’s Bitcoin Bet Keeps Growing

With Michael Saylor leading the charge, Strategy continues to set the standard for corporate Bitcoin adoption. This latest $2 billion investment round could result in another major BTC purchase, adding fuel to Bitcoin’s long-term bullish narrative.

Key Takeaways:

• Strategy raises $2 billion to buy more Bitcoin
• BTC currently trading at $95,300 after dipping below $94K
• Standard Chartered predicts $500K Bitcoin by 2028
• CoinCodex forecasts BTC to surpass $300K in 2029

With Strategy increasing its Bitcoin holdings, could we see another breakout in BTC price soon?