TechFlow news, on October 31, according to CoinDesk, MicroStrategy released its financial report and announced the "21/21 Plan," intending to raise $21 billion each through equity and debt financing over the next three years, totaling $42 billion to purchase Bitcoin. Company President and CEO Phong Le stated that as a Bitcoin reserve company, they will use the additional funds to acquire more Bitcoin to achieve a higher "BTC yield."
It is reported that MicroStrategy's most recent purchase occurred in mid-September 2024, when it acquired 7,420 BTC for $458.2 million. The company currently holds 252,220 bitcoins, with a total investment of $9.9 billion and an average purchase price of $39,266. At the current price of approximately $72,000, the market value of its holdings exceeds $18 billion.
In addition, the company has raised its target range for "BTC yield" from the previous 4%-8% to 6%-10%, with the actual yield reaching 17.8% in the third quarter.
