MicroStrategy unveils $42 billion 21/21 Plan
MicroStrategy announces a three-year plan targeting $21 billion of equity financing and $21 billion of fixed-income financing to support its Bitcoin strategy.
On October 30, 2024, MicroStrategy unveils $42 billion 21/21 Plan. MicroStrategy announces a three-year plan targeting $21 billion of equity financing and $21 billion of fixed-income financing to support its Bitcoin strategy.
MicroStrategy announced a plan to raise $21 billion through equity and another $21 billion through fixed-income instruments over three years, primarily to acquire more Bitcoin. The scale transformed its treasury strategy into an explicit capital-markets program.
It documents the evolution of corporate Bitcoin treasury strategy from simple cash purchases toward recurring capital-markets financing and adoption by companies outside the original Bitcoin industry.