MicroStrategy, co-founded by Executive Chairman Michael Saylor, plans to raise $42 billion over the next three years to acquire more Bitcoin as part of its “21/21 Plan.” This plan includes raising $21 billion through equity offerings and another $21 billion from fixed income securities. The company currently holds 252,220 Bitcoin, valued at $18.2 billion. Despite reporting a net loss of $340 million in its latest quarterly results and a revenue drop of 10% year-over-year, MicroStrategy remains committed to buying Bitcoin as a treasury reserve asset. CEO Pong Le confirmed that the company aims to enhance its BTC yield. MicroStrategy's stock serves as a proxy for Bitcoin investment, appealing to investors who prefer not to deal with cryptocurrency exchanges. Currently, Bitcoin trades around $72,209, having risen significantly over the past week, while MicroStrategy’s stock is down over 4%.

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