Strategy to Launch '42/42 Plan' to Raise $84 Billion for Bitcoin Purchase in Two Years

BlockBeats News, May 2nd: According to market sources, Strategy is now more focused on Bitcoin rather than its software business. The company reported a first-quarter loss of $4.23 billion ($16.49 per share), far exceeding expectations. Revenue fell by 3.6% to $1.111 billion, falling short of forecasts.

The company has launched the ambitious "42/42 Plan," aiming to raise $84 billion over two years to purchase Bitcoin, following last year's $42 billion "21/21 Plan." Analysts argue that despite market volatility, the stock remains a strong proxy for Bitcoin, trading at 2.13 times net asset value, demonstrating robust performance.