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. 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.
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. 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.
