Strategy CEO Phong Le advocates for corporate Bitcoin adoption, presenting its positive impact on MSTR in his MIT keynote.
MicroStrategy reveals a $42 billion plan to acquire Bitcoin between 2025 and 2027, aligning with its "21/21 Plan." It's part of a long-term strategy involving Bitcoin-backed securities and a focus on corporate treasury models in finance. Despite Q3 revenue decline, MicroStrategy remains committed to Bitcoin investments.
MicroStrategy plans to sell up to $2 billion of its class A shares to buy more Bitcoins and for corporate use, despite current market downturns affecting BTC prices.
Microstrategy acquired 12,222 bitcoins in Q2, raising its total to 226,500 BTC. The company's leadership remains optimistic about Bitcoin's future support despite net losses.
Crypto whales and MicroStrategy invested over $302 million in Bitcoin amid the recent price dip, indicating a bullish outlook despite market volatility.
