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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<p>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."</p>
<p>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.</p>
<p>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%.</p>
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MicroStrategy plans to raise 42 billion USD to purchase more Bitcoin.