menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinik

2w

read

129

img
dot

Image Credit: Bitcoinik

MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin in the Future

  • MicroStrategy, a business intelligence firm, plans to raise $42 billion in capital over the next three years.
  • The company aims to divide this evenly between equity and fixed-income securities.
  • The raised capital will be used to purchase more Bitcoin as a treasury reserve asset.
  • MicroStrategy has been consistently increasing its Bitcoin holdings as a hedge against inflation.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app