---
title: "MicroStrategy plans to raise $42 billion over the next three years to purchase Bitcoin"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/218432481.md"
description: "Since mid-September, MicroStrategy, which claims to be a Bitcoin development company, has not increased its Bitcoin holdings, but the company announced a bold plan to raise $42 billion over the next three years to purchase more Bitcoin. Under the leadership of Executive Chairman Michael Saylor, the company proposed the so-called \"21/21 Plan,\" which aims to conduct $21 billion in equity financing and $21 billion in bond issuance over the next three years. The company announced in mid-September that it purchased 7,420 Bitcoins for $458.2 million. As of now, its Bitcoin holdings have reached 252,220 coins, with a total value of $9.9 billion and an average price of $39,266"
datetime: "2024-10-30T21:38:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/218432481.md)
  - [en](https://longbridge.com/en/news/218432481.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/218432481.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/218432481.md) | [繁體中文](https://longbridge.com/zh-HK/news/218432481.md)


# MicroStrategy plans to raise $42 billion over the next three years to purchase Bitcoin

According to Jin10 Data on October 31, since mid-September, MicroStrategy (MSTR.O), which claims to be a Bitcoin development company, has not increased its Bitcoin holdings. However, the company announced a bold plan to raise $42 billion over the next three years to purchase more Bitcoin. Under the leadership of Executive Chairman Michael Saylor, the company proposed the so-called "21/21 Plan," which aims to raise $21 billion in equity financing and $21 billion in bond issuance over the next three years. The company announced in mid-September that it purchased 7,420 Bitcoins for $458.2 million. As of now, its Bitcoin holdings have reached 252,220 coins, with a total value of $9.9 billion and an average price of $39,266

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