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