Michael Saylor’s MicroStrategy To Raise $84 Billion For Bitcoin Purchases
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Michael Saylor and MicroStrategy are again setting the standard for other companies to follow in terms of adopting a Bitcoin Strategy. Saylor recently revealed the company’s plans to raise up to $84 billion to buy more Bitcoin.
MicroStrategy To Raise $84 Billion To Buy More BTC
In an X post, Michael Saylor announced that MicroStrategy has doubled its capital plan to $42 billion in equity and $42 billion in fixed income to purchase more Bitcoin. The company has also announced a BTC yield of 13.7% and a BTC gain of $5.8 billion year-to-date (YTD). Meanwhile, it plans to increase its BTC yield target from 15% to 25% and BTC gain target from $10 billion to $15 billion for 2025.
The post Michael Saylor’s MicroStrategy To Raise $84 Billion For Bitcoin Purchases appeared first on CoinGape.
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