MicroStrategy || Raise $42 Billion Over 3 Years to Buy Bitcoin

Published: 31 October 2024
on channel: Financial Markets
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MicroStrategy || Raise $42 Billion Over 3 Years to Buy Bitcoin

MicroStrategy released its third quarter (Q3) financial report on Wednesday. The report revealed its 17.8% BTC yield year-to-date and discussed the company's plan to raise $42 billion to acquire more of the top cryptocurrency.

In the third quarter, MicroStrategy secured $2.1 billion through equity and debt financing. Its current Bitcoin holdings stand at 252,220 BTC.


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equity and debt financing. Its current Bitcoin holdings stand at 252,220 BTC.


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