MicroStrategy, a publicly traded business intelligence firm led by Michael Saylor, has announced plans to raise up to $21 billion through the issuance of 8% Series A Perpetual Strike Preferred Stock. The funds will be used for general corporate purposes, including the acquisition of more Bitcoin. This initiative is part of the company's broader "21/21 Plan," aiming to raise $42 billion over three years—$21 billion from stock sales and $21 billion from debt issuance—to bolster its Bitcoin holdings .
As of early 2025, MicroStrategy holds approximately 499,000 BTC, valued at around $41.2 billion, with an average purchase price of $66,423 per BTC .
🏛️ U.S. Government's Bitcoin Reserve
Separately, in March 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile. The reserve is funded by Bitcoin forfeited to the U.S. Treasury, not through public stock sales. The government currently holds about 200,000 BTC, valued at approximately $17 billion, and has plans to acquire more through budget-neutral strategies .
✅ Conclusion
While the U.S. government is actively involved in Bitcoin acquisition, the $21 billion stock selloff pertains to MicroStrategy, a private company, not the federal government.
