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MicroStrategy is doubling down on its Bitcoin-first strategy with a record $1.75 billion fundraising plan and a historic $4.6 billion Bitcoin purchase in a single day.
MicroStrategy reveals an ambitious $42 billion plan over 3 years to acquire more Bitcoin, strengthening its commitment to BTC amid market fluctuations.
MicroStrategy, the tech company renowned for its aggressive Bitcoin investment strategy, has set its sights on becoming the world’s first "Bitcoin bank."
MicroStrategy plans to raise $700M via bonds to repay debt and buy more Bitcoin, increasing its BTC holdings, which now total 244,880 BTC worth $14.2B.
MicroStrategy has just announced its financial results for Q2 2024, revealing a total Bitcoin holding of 226,500 BTC, along with other positive financial outcomes.