Strategy 21/21 Plan fund
Overview
Strategy, the company previously known as MicroStrategy and led by executive chairman Michael Saylor, unveiled the "21/21 Plan," a capital-raising initiative designed to generate $21 billion from equity and $21 billion from fixed-income securities over a three-year period. The funds were intended for bitcoin acquisitions. The equity component was primarily sourced via at-the-market (ATM) offerings of common stock, supplemented by programs for preferred stock and convertible notes. The initiative was subsequently replaced by an expanded "42/42" plan, which targets $84 billion in combined equity and debt issuance through 2027.
Relations
No connections recorded for this entity in The Counterparty knowledge graph yet.
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
Questions on the record
Who announced the 21/21 Plan?
Strategy, the entity previously named MicroStrategy and headed by executive chairman Michael Saylor, made the announcement.