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Michael Saylor Announces Plans to Raise $21 billion from Stock Sale
- Michael Saylor plans to raise $21 billion by selling MicroStrategy shares to buy Bitcoin.
- The equity raise is part of a larger plan to raise $42 billion for Bitcoin purchases over the next three years.
- The at-the-market equity offering will dilute current shares by 42% of their capitalization.
- MicroStrategy currently holds 252,220 Bitcoin worth roughly $17.6 billion.
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