MicroStrategy’s stock issuance spree could be a bonanza for the nine firms that are handling the equity sales.The company, the largest corporate bitcoin holder, has taken advantage of its elevated stock price since the end of the third quarter to issue a large amount of equity and used the proceeds to buy bitcoin.

The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.

MicroStrategy became the undisputed darling of Wall Street in 2024, having risen by over 500%. See why we're very bullish on MSTR stock's long-term potential.