MicroStrategy plans to raise $2 billion for buying more Bitcoin. Will Bitcoin reach higher prices if Trump succeeds in his 100-day plan?
MicroStrategy intends to collect $2 billion in capital through convertible bonds. Michael Saylor, the founder and CEO of the company, is a big supporter of Bitcoin, considering it a valuable long-term asset. Despite market fluctuations, the company continues to focus on increasing its Bitcoin reserves. This move comes as Trump’s plan for Bitcoin reserves may pose tough competition in the future. MicroStrategy’s ’21/21′ plan involves raising $21 billion through stocks and another $21 billion through loans and financial instruments over three years. Since initiating this program in October 2024, the company has already acquired 194,180 Bitcoins worth $19 billion.
