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CryptoGlobe 2024-11-06 10:46:49

MicroStrategy’s $42B Bitcoin Plan Faces Major Hurdles, CoinShares Warns

MicroStrategy’s recently announced “21/21 Plan” to invest $42 billion in Bitcoin over three years faces several significant hurdles, according to a new analysis from European digital asset investment firm CoinShares. On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its software business.

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