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BREAKING: MicroStrategy Earnings Report Released – They Aim to Raise $42 Billion to Buy Bitcoin

source-logo  en.bitcoinsistemi.com 30 October 2024 17:06, UTC

According to the latest information, MicroStrategy aims to purchase BTC by raising $42 billion in the next 3 years.

The details of the development were explained in the official press release as follows:

“Today, we are announcing our strategic goal to raise $42 billion in capital over the next 3 years, consisting of $21 billion in equity and $21 billion in fixed income securities, which we call our ‘21/21 Plan.’

As a Bitcoin Treasury Company, we plan to use the additional capital to purchase more Bitcoin as a treasury reserve asset, which will allow us to generate higher BTC Yields.”

*This is not investment advice.

en.bitcoinsistemi.com