Key Takeaways MicroStrategy shares rose as the company bought an additional $101 million worth of bitcoin last week.The company now owns approximately 447,470 bitcoins on its books, worth roughly $45 billion at current prices.

The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.

MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency.