MicroStrategy shares ‘audacious’ plan to buy more bitcoin

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MicroStrategy revealed yesterday that it intends to…wait for it…buy more bitcoin. 

I’d bet you weren’t on the edge of your seat, because you know that’s what the largest corporate holder of bitcoin — now with 252,220 BTC — does. But this time, the strategy looks a little different given what is dubbed as the “21/21 plan.” 

MicroStrategy plans to raise $21 billion from equity issuances through a new at-the-market facility, as well as another $21 billion by issuing fixed income securities.

The former facility is the largest of its kind in the history of US capital…

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