Analysis: Microstrategy's plan to raise funds to buy Bitcoin through stock issuance and sales has $15.3 billion left

PANews reported on November 18 that crypto KOL Remo Uherek analyzed on the X platform that the funds for the purchase of 51,780 bitcoins disclosed by MicroStrategy today came from the proceeds of stock issuance and sales (ATM plan). So far, they have used about $5.7 billion in the ATM plan, accounting for about 27% of the total $21 billion ATM plan, and the remaining funds are $15.3 billion; if they continue to buy at this rate, then their ATM plan will be completed by the end of the year. They now hold a total of 331,200 bitcoins, accounting for 1.58% of the total supply of bitcoins.

Earlier news , MicroStrategy announced an aggressive Bitcoin acquisition plan through its "21/21 Plan", which involves raising $42 billion in funds over the next three years, half of which ($21 billion) will come from equity and the other half ($21 billion) will come from fixed income securities.