According to Deep Tide TechFlow, on October 31, CoinDesk reported that MicroStrategy released its financial report and announced the '21/21 Plan', aiming to raise $21 billion each through equity and debt over the next three years, totaling $42 billion for purchasing bitcoins. The company's president and CEO Phong Le stated that as a bitcoin reserve company, it will use the new funds to buy more bitcoins to achieve a higher 'BTC yield'.
It is reported that MicroStrategy's most recent increase occurred in mid-September 2024, when it purchased 7,420 bitcoins for $458.2 million. The company currently holds 252,220 bitcoins, with a total investment of $9.9 billion and an average purchase price of $39,266. Based on the current price of about $72,000, the market value of the holdings exceeds $18 billion.
In addition, the company has raised its 'BTC yield' target range from the previous 4%-8% to 6%-10%, with an actual yield of 17.8% in the third quarter.
