MicroStrategy Chairman Michael Saylor (Michael Saylor) hinted through a meaningful social media post that the company is about to enter a new phase of massive bitcoin accumulation. The company has formally confirmed a plan to raise a record $44.1 billion for bitcoin purchases. The funding will be divided into two parts: $21 billion in equity financing and $21 billion in debt financing, with the latter to be issued between 2025 and 2027. MicroStrategy currently holds 762,099 bitcoins and aims to increase its reserves to 1 million. The company recently purchased 1,031 bitcoins at an average price of $74,326 per bitcoin.

BTC0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin