The Edge Series: Market Intelligence #21 @0xGeeGee prompts | powered by Chaos AI 1. @MicroStrategy targets 7% of Bitcoin supply with $84B treasury expansion plan MicroStrategy now holds 628,791 BTC, or more than 3% of total supply, as it ramps up its strategy to acquire 7% of all Bitcoin through structured treasury expansion. The firm uses a modified NAV model that limits equity raises to periods when its market cap exceeds 2.5x its net $BTC holdings. That ratio has fallen to 1.62x from 3.89x a year ago, slowing traditional equity issuance. To navigate this constraint, MicroStrategy launched perpetual preferred instruments like $STRD and $STRC. A recent $2.5B raise via $STRC funded the purchase of 21,000 BTC. The company’s “42/42” roadmap outlines plans to raise $84B over 42 months to expand its position as the largest public Bitcoin treasury. >> Read more on Chaos AI: