MicroStrategy plans to raise up to $2 billion by issuing preference shares to advance its "21/21" plan, which involves selling $42 billion worth of stocks and fixed income securities. By moving to a perpetual preference share strategy, MicroStrategy can attract institutional investors such as insurance companies, pension funds and banks, said Mark Palmer, equity analyst at Benchmark. These entities typically favor assets with fixed dividends and relatively low volatility. Unlike bonds, perpetual...