MicroStrategy revealed plans to raise $42 billion over three years to acquire additional bitcoin, which analysts say is a 'win for all'. The company has already amassed over 252,000 bitcoins since 2020 and its stock has appreciated by about 290% year-to-date.

Business intelligence company MicroStrategy revealed ambitious plans to intensify its bitcoin acquisition strategy. With the launch of the "21/21 Plan," the company aims to raise $42 billion over three years — half from equity and half from fixed-income issuances — to acquire additional bitcoin.This approach marks a huge step up from MicroStrategy's (ticker: MSTR) previous bitcoin acquisition activity, which has already seen the company amass over 252,000 bitcoins since 2020. The stock has appreciated by about 290% year-to-date, far outpacing bitcoin’s rise of approximately 64% for the same period.MicroStrategy reported quarterly sales of$116 million,which missed the consensus estimate of$122.66 millionby about5%. The company reported a year-to-date BTC Yield of 17.8%, a measure it uses to assess the performance of its bitcoin strategy.

MicroStrategy's $42 Billion Capital Plan for Bitcoin Acquisition is a 'Win for All', Analysts Say