MicroStrategy Sets Target to Hold 105,000 Bitcoins Within 3 Years

Doohyun Hwang

Summary

MicroStrategy announced a long-term plan to hold a total of 105,000 Bitcoins by 2027.
This Bitcoin acquisition strategy is to be executed through equity and debt financing as well as operating cash flow.
Since the strategy announcement in May last year, the company reported about $177 million in Bitcoin gains and a return of 287%.

U.S. Nasdaq-listed healthcare technology company MicroStrategy has announced a long-term plan to possess a total of 105,000 Bitcoins by 2027.

On the 19th (local time), MicroStrategy stated in a press release that as part of its Bitcoin financial strategy, it plans to acquire 10,000 Bitcoins by 2025, 42,000 Bitcoins by 2026, and a total of 105,000 Bitcoins by the end of 2027.

MicroStrategy explained, "This strategy will be executed through equity and debt financing as well as operating cash flow," and described it as a "long-term asset strategy designed to deliver high returns to shareholders." The company continued, "Bitcoin is the ultimate long-term asset," and stated, "MicroStrategy has a vision to become one of the world's largest corporate Bitcoin treasuries."

Currently, MicroStrategy holds a total of 4,449 Bitcoins. MicroStrategy said, "We are the second publicly listed company in the U.S. to adopt the 'Bitcoin Standard,'" adding, "Since the announcement of the strategy in May last year, we have realized approximately $177 million in Bitcoin gains by the 3rd of this month, achieving a return of about 287%."

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