MicroStrategy has plans to buy more Bitcoin with proceeds from the sale of $1 billion of its common A stock.
The company has formed a subsidiary- MacroStrategy LLC., which manages all its BTC holdings.

Business intelligence company MicroStrategy is planning to sell up to $1 Billion of its stock, and it may use the proceeds to buy more Bitcoin. According to a filing with the US Securities and Exchange Commission (SEC), MicroStrategy plans to sell up to 1 Billion of its class A common stock. The company proposed a public sale of the stock through an “Open Market Sale Agreement” with Jefferies LLC. The sales agreement allows MicroStrategy to offer, issue and sell stocks from time to time. 
MicroStrategy to use stock sale proceeds on Bitcoin acquisition 
Explaining how the company will use the proceeds from the stock sales, MicroStrategy noted in the SEC filing:
We intend to use the net proceeds from the sale of any class A common stock offered under this prospectus for general c

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