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MicroStrategy Unveils "21/21 Plan," Aiming to Raise $42 Billion for Bitcoin Investments Over Three Years
MicroStrategy Unveils "21/21 Plan," Aiming to Raise $42 Billion for Bitcoin Investments Over Three YearsOn October 30th, MicroStrategy, the largest corporate holder of Bitcoin, announced a strategic plan called "21/21," aiming to raise $42 billion over the next three years, including $21 billion in equity and $21 billion in debt financing.Phong Le, MicroStrategy's President and CEO, stated: "As a Bitcoin treasury company, we plan to utilize these additional funds to acquire more Bitcoin as our financial reserve asset, allowing us to achieve higher Bitcoin returns
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MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three Years
MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three YearsMicroStrategy, a publicly traded company, announced a bold plan on Wednesday, revealing its third-quarter earnings and outlining its intention to raise $42 billion to purchase more Bitcoin over the next three years. Dubbed the "21/21 Plan," MicroStrategy aims to achieve this goal through $21 billion in equity financing and $21 billion in debt issuance
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Five Key Indicators Suggest Bitcoin is Poised to Break All-Time Highs
Five Key Indicators Suggest Bitcoin is Poised to Break All-Time HighsBitcoin is on track to reach new all-time highs by 2025, fueled by a confluence of positive technical and on-chain indicators, optimistic sentiment surrounding the upcoming U.S
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Can Bitcoin Break Through $400,000? Deciphering the Key Factors Influencing its Price Trajectory
Can Bitcoin Break Through $400,000? Deciphering the Key Factors Influencing its Price TrajectoryWhether Bitcoin can break through the $400,000 mark is a question that has garnered significant attention, but the answer is not set in stone. Its price movement is influenced by numerous factors, including both positive catalysts and potential risks
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Bitcoin Breaks $70,000: Real Breakthrough or a Trap?
Bitcoin Breaks $70,000: Real Breakthrough or a Trap?Bitcoin's surge to $73,000 in the last three days of October has undoubtedly sparked excitement. I had predicted this breakthrough in early October based on the monthly chart, which signifies the overall trend of the bull market
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Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?
Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?In the tempting world of cryptocurrency, leverage trading is a double-edged sword, attracting countless fortune dreamers but also hiding unpredictable risks. For most people, leverage trading is not a shortcut to financial freedom, but a trap leading to the abyss
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Bitcoin Futures Close Slightly Higher in New York on Wednesday, Ethereum Futures Rise Over 1%
Bitcoin Futures Close Slightly Higher in New York on Wednesday, Ethereum Futures Rise Over 1%On Wednesday (October 30) at the close of New York trading, the CME Bitcoin futures BTC front-month contract settled at $73,665.00, up 0
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Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its Fate
Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its FateDespite the recent surge in Bitcoin's price, its ability to break through the $70,000 mark remains uncertain. While the Fed's rate cuts have boosted investor risk appetite, a confluence of four critical factors is needed to propel Bitcoin's price to that level
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The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key
The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key2024 is already halfway through, and for the crypto market, it has undoubtedly been a good year. From the debut of the first Bitcoin ETF launched in January to the long-awaited fourth Bitcoin halving in April, and the newly approved Ethereum ETFs soon to begin trading, the crypto market is experiencing a surge
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Bitcoin: Digital Gold Where All Coins Converge
Bitcoin: Digital Gold Where All Coins ConvergeThe cryptocurrency market has witnessed numerous fluctuations and transformations with the advancement of blockchain technology. Since the inception of Bitcoin in 2009, countless new cryptocurrency projects have emerged, each claiming to possess unique features or improvements
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Bitcoin Breaks Through $72,000, Crypto Market Experiences Strong Surge
Bitcoin Breaks Through $72,000, Crypto Market Experiences Strong SurgeOver the past half-month, Bitcoin has been in a volatile upward trend. In the early hours of October 30th, Bitcoin surged to $73,620, nearing the high of over $73,700 reached in March this year
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Bitcoin Hits All-Time High, Ethereum Soars: A New Era for the Cryptocurrency Market?
Bitcoin Hits All-Time High, Ethereum Soars: A New Era for the Cryptocurrency Market?Bitcoin (BTC), the leading cryptocurrency, has been attracting countless investors since its inception. Recently, Bitcoin's price has surged to a historic high, shaking the market