MicroStrategy Prepares to Raise $2 Billion More to Buy Bitcoin

This is part of the 21/21 plan announced by MicroStrategy earlier, raising $42 billion over three years to acquire more Bitcoin.

According to an announcement posted on January 3, 2025 (US time), the US software company MicroStrategy said it is preparing to offer an additional $2 billion in shares to raise money to buy Bitcoin.

This is part of the "21/21 plan" announced by MicroStrategy at the end of 2024, which will raise an additional $42 billion over three years to extend its investment strategy in the world's largest cryptocurrency, Bitcoin. To make this happen, the company will hold stock and debt offerings with attractive incentives for investors.

This strategy has been called “infinite money printing error” by financial analysts, which has helped the company easily attract a huge amount of capital to buy Bitcoin, thereby increasing the value of the company without worrying about affecting the price of MSTR shares.

The upcoming $2 billion stock offering will be conducted in the first quarter of 2025, as confirmed by the company’s founder, billionaire Michael Saylor.

As reported, since the beginning of November, MicroStrategy has had 8 consecutive weeks of buying Bitcoin, with a total value of $17.8 billion. At the end of November, the company successfully raised $3 billion from a bond offering.

As of the time of writing, MicroStrategy is the public company that owns the most Bitcoin in the world, with a holding value of 446,600 BTC, worth $43.78 billion. With an average purchase cost of $62,396 per coin, the company is making a profit of 57.18% (equivalent to $15.92 billion) from its Bitcoin investment strategy that has been implemented since September 2020.

Thanks to the success of its Bitcoin purchase strategy, MicroStrategy's MSTR stock has had a remarkable growth in 2024, helping the company to be included in the Nasdaq 100 index for the first time and be on par with leading US corporations, thereby opening up the opportunity to be exposed to larger investment cash flows from Wall Street.