MicroStrategy plans to raise $42 billion in capital over the next 3 years to buy more Bitcoin

MicroStrategy, the world’s largest corporate Bitcoin holder, has unveiled plans to raise $42 billion in capital over the next three years to expand its Bitcoin holdings. The announcement came during the company’s Q3 2024 financial results presentation. MicroStrategy’s newly announced “21/21 Plan” involves raising $21 billion in equity and an additional $21 billion through fixed-income

Source: Cryptopolitan