MicroStrategy Aims to Boost Bitcoin Holdings by Raising $42 Billion by 2027

TL;DR MicroStrategy plans to raise $42 billion by 2027 to expand its Bitcoin holdings, aiming to increase shareholder value through the digital transformation of capital. The company successfully raised $2.1 billion in Q3 2024, increasing its Bitcoin holdings by 11%, despite a 10.3% decrease in total revenues. MicroStrategy’s strategy includes leveraging equity and debt financing ... source: https://crypto-economy.com/microstrategy-aims-to-boost-bitcoin-holdings-by-raising-42-billion-by-2027/