MicroStrategy Plans $42B Bitcoin Buy Amid Strategic Stock Sales

MicroStrategy, led by Bitcoin evangelist Michael Saylor, announced a bold plan to further its Bitcoin acquisition strategy by raising funds through stock sales and other capital sources. CEO Phong Le shared the company’s intention to buy an estimated $42 billion worth of Bitcoin by 2027 during an Oct. 30 earnings call. The ambitious plan, dubbed “21/21,” outlines $21 billion to be raised through debt issuance and another $21 billion from equity offerings. This approach is designed to fund both the company’s Bitcoin-focused initiatives and ongoing software operations.

This buying strategy aligns with the company’s long-standing commitment to Bitcoin as a core asset. MicroStrategy, already the largest corporate Bitcoin holder with over $18 billion in Bitcoin, sees rising Bitcoin prices as a critical factor in supporting this capital-intensive approach. Its success has fueled MSTR stock growth, providing the company with more capital to fund acquisitions as it positions Bitcoin as a global treasury reserve asset.

Saylor has expressed a commitment to promoting Bitcoin adoption at all levels—countries, states, cities, and both public and private companies—as a premier treasury asset. The visionary stance has resonated with figures like U.S. presidential candidate Donald Trump, who recently proposed leveraging America’s $12 billion BTC reserves as part of a national strategic asset reserve.

Bitcoin’s recent climb to a record $73,000, with a slight correction to around $70,000, has buoyed MicroStrategy’s holdings. Saylor, committed to long-term holding, has stated he intends to never sell and ultimately return his Bitcoin to the public good.

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