Loading...
Market
What will be MicroStrategy's market cap by end of 2025?
3
Resolution / Starting Odds
Over $100 billion • 25%
$50-$100 billion • 25%
$10-$50 billion • 25%
Under $10 billion • 25%
Financial reports and market data from financial news outlets
Story
MicroStrategy Proposes $42 Billion 21/21 Plan to Boost Bitcoin Holdings, Joins Nasdaq 100
Dec 24, 2024, 02:53 AM
MicroStrategy Inc. has announced plans to significantly expand its Bitcoin acquisition strategy, proposing to increase its authorized shares from 330 million to 10.33 billion as part of its $42 billion '21/21 Plan'. This plan aims to raise $21 billion in equity and another $21 billion through fixed-income instruments over the next three years. The company, which recently joined the Nasdaq 100 index, currently holds 444,262 BTC, representing over 2% of Bitcoin's total supply. The proposed increase in shares is intended to provide MicroStrategy with the financial flexibility to continue its aggressive Bitcoin purchasing strategy, which has seen the company acquire Bitcoin for seven consecutive weeks. The plan also includes amendments to the company's 2023 Equity Incentive Plan, which would introduce automatic equity awards for new non-employee directors, aligning their compensation with the company's digital asset strategy.
View original story
Similar markets
Less than $50 billion • 25%
$50 billion to $100 billion • 25%
$100 billion to $500 billion • 25%
More than $500 billion • 25%
Less than $10 billion • 25%
$10 billion - $15 billion • 25%
$15 billion - $20 billion • 25%
More than $20 billion • 25%
Below $200 • 25%
$200 to $300 • 25%
$301 to $400 • 25%
Above $400 • 25%
Less than $20 billion • 25%
$20 billion to $30 billion • 25%
$30 billion to $40 billion • 25%
More than $40 billion • 25%
Less than $600 • 25%
$600 to $699 • 25%
$700 to $799 • 25%
$800 or more • 25%