MicroStrategy Plans $42B Bitcoin Purchase in New 21/21 Strategy

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Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too.

Michael Saylor’s MicroStrategy is gearing up to raise $42 billion over the next three years to accumulate more Bitcoin, the firm revealed.

The plan, dubbed the “21/21 plan,” will consist of $21 billion in equity and $21 billion in fixed-income securities over the next three years, according to a statement from MicroStrategy on Oct. 30.

At the time of publication, $42 billion in Bitcoin is equivalent to about 578,586 BTC, accounting for 2.7% of the total Bitcoin supply.


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