Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin

MicroStrategy plans to raise $42 billion to invest in Bitcoin over the next three years

BlockBeats news, on October 31, according to Fortune magazine, MicroStrategy announced the launch of a $42 billion Bitcoin investment plan, planning to raise $42 billion in new capital to purchase Bitcoin in the next three years. The new financing plan is called "21/21 Plan" and aims to obtain $21 billion through stock issuance and another $21 billion through fixed income securities.

MicroStrategy plans to raise $42 billion over the next three years to purchase more Bitcoin. As of the end of the third quarter, MicroStrategy holds 252,220 BTC, with a year-to-date BTC return of 17.8%. Total revenue is $116.10 million, a year-on-year decrease of 10.3%; gross profit is $81.70 million, a year-on-year increase of 70.4%. Additionally, MicroStrategy will raise $21 billion in equity and issue $21 billion in bonds over the next three years, using the additional capital to purchase more Bitcoin as a financial reserve asset to achieve higher returns.

Foresight News reports that, according to CoinDesk, MicroStrategy has released its third-quarter financial report. As of the end of the third quarter, it holds 252,220 BTC, with a year-to-date BTC return of 17.8%; total revenue is $116.10 million, a year-on-year decrease of 10.3%; gross profit is $81.70 million, a year-on-year increase of 70.4%. Additionally, MicroStrategy plans to raise $21 billion in equity and issue $21 billion in bonds over the next three years, using the additional capital to purchase more Bitcoin as a financial reserve asset to achieve higher returns.

MicroStrategy plans to raise $42 billion over the next three years to purchase more Bitcoin.

MicroStrategy plans to raise $42 billion over the next three years to purchase more Bitcoin. The company's President and CEO stated that as a Bitcoin reserve company, it will utilize the additional funds to buy more Bitcoin in order to achieve a higher "BTC yield." Currently, the company holds 252,220 Bitcoins, with a total investment of $9.90 billion and a market value of over $18 billion. Additionally, the company has raised its "BTC yield" target range from the previous 4%-8% to 6%-10%, with the actual yield for the third quarter reaching 17.8%.

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According to TechFlow, on October 31, CoinDesk reported that MicroStrategy released its financial report and announced the "21/21 Plan," aiming to raise a total of $42 billion over the next three years through equity and debt financing of $21 billion each for the purpose of purchasing Bitcoin. Company President and CEO Phong Le stated that as a Bitcoin reserve company, they will use the new funds to acquire more Bitcoin to achieve a higher "BTC yield."
It is reported that MicroStrategy's most recent increase in holdings occurred in mid-September 2024 when it purchased 7,420 Bitcoins for $458.20 million. The company currently holds 252,220 Bitcoins, with a total investment of $9.90 billion and an average purchase price of $39,266. Based on the current price of approximately $72,000, the market value of their holdings exceeds $18 billion.
Additionally, the company has raised its "BTC yield" target range from the previous 4%-8% to 6%-10%, with the actual yield for the third quarter reaching 17.8%.
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MicroStrategy plans to raise 42 billion USD to purchase more Bitcoin.

BlockBeats news, on October 31, according to CoinDesk, MicroStrategy announced its financial performance for the third quarter of 2024. As of the end of the third quarter, the company holds 252,220 BTC, with a year-to-date BTC return of 17.8%. The company also announced a capital plan of $42 billion, stating that under the leadership of Executive Chairman Michael Saylor, it will raise $21 billion in equity and issue $21 billion in bonds over the next three years, using the additional capital to purchase more Bitcoin as a financial reserve asset, aiming for higher BTC returns. The last time MicroStrategy disclosed information was in mid-September when it announced the purchase of 7,420 Bitcoins for $458.20 million, bringing its total Bitcoin holdings to 252,220, with a total value of $9.90 billion and an average price of $39,266. At the current price of approximately $72,000, the company's Bitcoin holdings are valued at over $18 billion.

BlockBeats reported that on October 31, according to CoinDesk, MicroStrategy announced its financial performance for the third quarter of 2024. As of the end of the third quarter, the company holds 252,220 BTC, with a year-to-date BTC return of 17.8%. The company also announced a $42 billion capital plan, stating that under the leadership of Executive Chairman Michael Saylor, it will raise $21 billion in equity and issue $21 billion in bonds over the next three years, utilizing the additional capital to purchase more Bitcoin as a financial reserve asset to achieve higher BTC returns. MicroStrategy's most recent disclosure was in mid-September when the company announced it purchased 7,420 Bitcoins for $458.20 million, bringing its total Bitcoin holdings to 252,220, with a total value of $9.90 billion at an average price of $39,266. Based on the current price of approximately $72,000, the company's Bitcoin holdings are valued at over $18 billion.

MicroStrategy plans to raise $42 billion over the next three years to buy more Bitcoin

BlockBeats news, on October 31, according to CoinDesk, MicroStrategy announced its third-quarter 2024 financial results. As of the end of the third quarter, the company held 252,220 BTC, with a BTC yield of 17.8% year-to-date. The company also announced a $42 billion capital plan. The announcement stated that under the leadership of Executive Chairman Michael Saylor, the company will raise $21 billion in equity and issue $21 billion in bonds in the next three years, and use additional capital to purchase more Bitcoin as a financial reserve asset in order to achieve higher BTC returns. MicroStrategy's most recent disclosure was in mid-September, when the company announced it had purchased 7,420 bitcoins for $458.2 million, bringing its holdings to 252,220 bitcoins, with a total value of $9.9 billion and an average price of $39,266. At the current price of about $72,000, the company's bitcoins are worth more than $18 billion.

MicroStrategy announced its financial results for the third quarter of 2024. As of the end of the third quarter, the company holds 252,220 BTC, with a year-to-date BTC return of 17.8%. The company also announced a $42 billion capital plan. The announcement stated that under the leadership of Executive Chairman Michael Saylor, the company will raise $21 billion in equity and issue $21 billion in bonds over the next three years, using the additional capital to purchase more Bitcoin as a financial reserve asset to achieve higher BTC returns.

PANews reported on October 31 that, according to CoinDesk, MicroStrategy announced its financial performance for the third quarter of 2024. As of the end of the third quarter, the company holds 252,220 BTC, with a year-to-date BTC return of 17.8%. The company also announced a $42 billion capital plan. The announcement stated that under the leadership of Executive Chairman Michael Saylor, the company will raise $21 billion in equity and issue $21 billion in bonds over the next three years, using the additional capital to purchase more Bitcoin as a financial reserve asset to achieve higher BTC returns.

MicroStrategy's last disclosure was in mid-September, when the company announced the purchase of 7,420 BTC for $458.20 million, bringing its total Bitcoin holdings to 252,220 BTC. As of the end of this quarter, the company had $891.30 million remaining from its last financing. MicroStrategy also raised its target range for "BTC return" from the previous 4%-8% to 6%-10%.

MicroStrategy plans to raise 42 billion dollars over the next three years to purchase more Bitcoin.

MicroStrategy announced its financial performance for the third quarter of 2024, holding 252,220 BTC, with a year-to-date BTC return of 17.8%. The company plans to raise 42 billion USD over the next three years to purchase more BTC as financial reserve assets.

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Odaily Planet Daily reports that MicroStrategy has announced its financial performance for the third quarter of 2024. As of the end of the third quarter, the company holds 252,220 BTC, with a year-to-date BTC return of 17.8%. Under the leadership of Executive Chairman Michael Saylor, the company has proposed the "21/21 Plan," which aims to raise $21 billion in equity financing and $21 billion in bond issuance over the next three years to utilize additional capital for purchasing more BTC as a financial reserve asset, thereby achieving higher BTC returns. MicroStrategy's most recent disclosure of BTC purchases was in mid-September, when it announced the purchase of 7,420 BTC for $458.20 million, bringing its total BTC holdings to 252,220, with a total value of $9.90 billion and an average price of $39,266 per coin. Based on the current price of approximately $72,000, the company's BTC holdings are valued at over $18 billion. As of the end of the quarter, the remaining funds from the company's last financing amount to $891.30 million. MicroStrategy has also raised its target range for "BTC return" from the previous 4%-8% to 6%-10%. The BTC return metric was created by Saylor and his team, with MSTR considering it a key performance indicator (KPI) to describe the company's performance in acquiring BTC in a value-enhancing manner. MicroStrategy's stock price fell 10% in after-hours trading, but it has still risen approximately 250% year-to-date. (CoinDesk)

MicroStrategy plans to raise $42 billion over the next three years to increase its holdings of BTC.

MicroStrategy plans to raise $42 billion in capital over the next three years to purchase more Bitcoin as a financial reserve asset, aiming for higher BTC returns. As of 2024, the company's BTC yield is 17.8%, and it aims to achieve an annual BTC yield of 6% to 10% from 2025 to 2027.

MicroStrategy President and CEO, Phong Le, stated: We have announced a strategic goal of raising $42 billion in capital over the next three years, including $21 billion in equity and $21 billion in fixed income securities. As a Bitcoin financial company, we plan to use the additional capital to purchase more Bitcoin as a financial reserve asset in order to achieve higher BTC returns. As of 2024, the company's BTC return rate is 17.8%. The company is revising its long-term goal to achieve a BTC annual return rate of 6% to 10% between 2025 and 2027.

MicroStrategy plans to raise 42 billion dollars to purchase more Bitcoin.

MicroStrategy: We are announcing a strategic goal of raising $42 billion of capital over the next 3 years, comprised of $21 billion of equity and $21 billion of fixed income securities. We plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield. 

MicroStrategy plans to raise $42 billion over three years to purchase more Bitcoin as part of its '21/21 Plan'. The company aims to continue expanding its Bitcoin holdings despite a recent quarterly loss.

MicroStrategy, a Bitcoin development company, plans to raise $42 billion over three years to purchase more Bitcoin as part of its "21/21 Plan." With 252,220 coins valued at $18.2 billion, the firm aims to continue expanding its Bitcoin holdings despite a recent quarterly loss.

MicroStrategy Plans to Raise $42 Billion to Expand Bitcoin Holdings

American software company MicroStrategy plans to raise $42 billion over the next three years to invest in Bitcoin (BTC). The investment is dependent on the firm's ability to raise capital in equity and fixed income securities. The announcement comes after the company's stock price hit a 25-year record high, and MicroStrategy is already one of the largest institutional investors in Bitcoin with over 150,000 reserves.

American software company, MicroStrategy has undoubtedly become one of the most Bitcoin (BTC) bullish firms in the world. The company has announced that it is planning to raise a whopping $42 billion over the next three years solely to invest in the digital gold. Notably, the investment is dependent on whether or not the firm will be able to raise the capital in equity and fixed income securities.In an announcement made during their Q3 financial report release, the firm said,Interestingly, the announcement comes days after the company’s stock price hit a 25-year record high, with many market speculators owing the credit to BTC’s recent surge. Moreover, the company is already one of the largest institutional investors of the digital gold. So far, the firm’s Bitcoin reserves are over 150,000.The story is still developing… 

MicroStrategy Plans to Raise $42 Billion for Bitcoin Investment

JUST IN: MicroStrategy plans to raise $42 billion to buy more #Bitcoin

MicroStrategy plans to raise $42 billion to buy Bitcoin over the next three years. The company aims to achieve higher BTC yield and bolster its returns from holding Bitcoin. Crypto commentators are optimistic about the plan, predicting it will propel MicroStrategy ahead of other public firms and even countries.

Michael Saylor’s MicroStrategy is gearing up to raise $42 billion over the next three years to accumulate more Bitcoin, the firm has 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 ( BTC ) is equivalent to approximately 578,586 BTC, accounting for around 2.7% of the total Bitcoin supply. MicroStrategy’s president and CEO, Phong Le, explained that the move is to bolster the firm’s returns from holding Bitcoin. “As a Bitcoin Treasury Company, we plan to use the additional capital to buy more Bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” Phong stated. MicroStrategy reported that its current BTC year-to-date yield is “17.8%,” with plans to achieve an annual BTC yield of 6% to 10% between 2025 and 2027. Crypto commentator BitcoinMiningStockGuy declared that he was “bullish” on the news after pointing out that $21 billion “is like the total market cap of all the public miners combined.” Meanwhile, quant volatility researcher Ryan McGinnis weighed in on the plan, opining that it is “escape velocity.” “The only question is how wide will the gap be between MSTR, every other PubCo on Earth combined, and even countries.” It comes only months after McGinnis’ comments on March 6 that MicroStrategy is a “Monopoly of Value.” In September, MicroStrategy completed an approximately $1.01 billion offering of 0.625% convertible senior notes due in 2028 , with plans to use a portion of the proceeds for Bitcoin acquisition. The private offering, which concluded on Sept. 19, targeted institutional investors and enabled the conversion into cash or MicroStrategy stock. Related: Michael Saylor posts fake quote from Trump on crypto to 3.6M followers Meanwhile, in more recent news, on Oct. 25, Cointelegraph reported that MicroStrategy has increased over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period. Magazine: Most DePIN projects barely even use blockchain: True or false? This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. 

MicroStrategy to Raise $42B to Buy Bitcoin in '21/21 Plan'

Michael Saylor's MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).

Michael Saylor's MicroStrategy Tops Coinbase as Biggest Crypto Stock with Plan to Buy More Bitcoin

MicroStrategy plans to raise $42 billion to buy more Bitcoin

Michael Saylor’s Bitcoin development company MicroStrategy reported a loss in its latest quarterly results — but the firm is still uber-bullish on BTC.The company, which holds more than 1% of the supply of Bitcoin on its balance sheet, has announced its intention to raise a whopping $42 billion in capital over the next three years in order to purchase more of the benchmark crypto as part of its treasury reserve strategy.MicroStrategy’s Plan To Go Big On BitcoinOn Oct. 30, MicroStrategy unveiled its “21/21 Plan,” targeting $42 billion in capital, split evenly between $21 billion in equity and $21 billion in fixed-income securities.MicroStrategy CEO Phong Le said in a statement that the firm remains focused on increasing returns from holding Bitcoin.“As a Bitcoin Treasury Company, we plan to use the additional capital to buy more Bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” Phong opined.MicroStrategy is already the largest publicly traded holder of Bitcoin, holding approximately252,220 BTC, with a market value of $18.2 billion today. The firm reported a year-to-date BTC Yield of 17.8%. The number suggests that MicroStrategy has created 17.8% more value for shareholders by selling stock to buy Bitcoin. Looking ahead, it has plans to attain an annual BTC Yield of 6% to 10% between 2025 and 2027.In the company’s earning statement Wednesday, MicroStrategy reported total revenues of $116.1 million — marking a 10.3% decline from last year, falling short of analyst estimates. The company also posted a net loss of $340 million, which is significantly higher compared to a loss of $143.4 million in Q3 of 2023.Previously a quiet business intelligence firm, Tyson, Virginia-based MicroStrategy now securitizes BTC. Traditional investors who don’t wish to purchase Bitcoin through exchanges or the new spot exchange-traded funds use the firm’s stock as a proxy for the alpha crypto.MicroStrategy first acquired Bitcoin in 2020 to maximize shareholders’ returns, but it hasn’t stopped purchasing the crypto since. In fact, Saylor recentlyoffered to help Microsoft make its next trillion dollarsby using his Bitcoin treasury reserve investment strategy, following word that shareholders in the Wall Street behemoth are set to consider a BTC investment proposal.

MicroStrategy Announces Plan to Raise $42 Billion for Bitcoin Investment

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

<img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/10/31/k9pmtttnwo4z.png'/>Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too.

MicroStrategy to raise $42B to buy Bitcoin in ‘21/21 plan'

MicroStrategy plans to raise $42 billion over the next 3 years to purchase more BTC for its balance sheet and improve BTC yield for shareholders.

MicroStrategy (MSTR) announced on Wednesday that it plans to raise $42 billion over the next 3 years to purchase more BTC for its balance sheet, and improve “BTC yield” for its shareholders. <li>In its Q3 earnings release, the company said that the “21/21 Plan” would involve raising $21 billion through ATM equity offerings, and $21 billion in fixed-income securities.
</li><li>As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” said Phong Le, President and Chief Executive Officer of MicroStrategy.</li><li>The company’s new targets for annual BTC yield have risen to between 6% and 10%, achieved by executing such raises and offerings at the right time.</li><li>MicroStrategy also reported a $412 million impairment loss on its digital assets, indicating that it is yet to adopt fair value accounting for its business.</li><li>MicroStrategy executive chairman Michael Saylor announced this month that he plans to evolve MicroStrategy into a trillion-dollar Bitcoin bank. MSTR stock soared to 20-year highs shortly after this promise.</li>

MicroStrategy Announces $42 Billion Capital Plan To Buy More Bitcoin

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.

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.

MicroStrategy Aims to Raise $42 Billion to Buy Bitcoin

MicroStrategy to Raise $42 Billion To Buy Bitcoin

<img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/10/31/ngxgtttnwoe9.png'/>MicroStrategy has upped the ante with it announcing in a filing with the Securities and Exchanges Commission (SEC) a $42 billion capital plan.

Michael Saylor's MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years

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