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MicroStrategy to raise $42 billion to buy Bitcoin in ‘21/21 plan’

The plan, dubbed the “21/21 plan,” will consist of $21 billion in equity and $21 billion in fixed-income securities over the next three years to accumulate more Bitcoin, the firm has revealed.

MicroStrategy’s president and CEO, Phong Le, explained that the move is to bolster the firm’s returns from holding Bitcoin.

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