MicroStrategy is buying additional $42 billion worth of BTC

MicroStrategy announced its plans to buy more Bitcoin: $42 billion worth of BTC.

Why does it matter to us? After the purchase, over 3% of the Bitcoin supply will be held by a single company. Other companies are also adding BTC to their balance sheet. Countries are also doing it. BUT Bitcoin is scarce.

• So far, in total, MSTR has invested $9.9B into Bitcoin; this investment will be more than 4x that figure.
  
• MicroStrategy is currently valued at $50.11B, which means that BTC has been playing an important role in increasing shareholder value.
  
• Michael Saylor announced "raising $42 billion of capital over the next 3 years, comprised of $21 billion of equity and $21 billion of fixed income securities".