MicroStrategy has announced its ambitious 21/21 plan, aiming to raise $42 billion over the next three years to acquire additional bitcoins. This move highlights the company's continued commitment to cryptocurrency investments despite the current market volatility and regulatory uncertainties.
The plan involves issuing debt and equity to fund the purchases, reflecting a high-stakes bet on the long-term value of bitcoin. However, given the recent downturn in the cryptocurrency market and increasing regulatory scrutiny worldwide, this strategy carries significant risks. Investors should be cautious as the market remains unpredictable and subject to rapid changes.