Golden Finance reported that, according to an official announcement, MicroStrategy plans to raise up to $2 billion through the issuance of preferred stock. This move is part of its '21/21 Plan', which aims to raise $42 billion over three years (with $21 billion in equity and $21 billion in fixed income). The purpose of this issuance is to allow MicroStrategy to continue strengthening its balance sheet and acquire more Bitcoin. The issuance is expected to take place in the first quarter of 2025. The announcement stated that the decision to proceed with and complete the issuance is at MicroStrategy's discretion and is subject to market and other conditions; MicroStrategy may choose not to proceed or complete the issuance.