Microstrategy, Inc. (MSTR) Announces BTC and ATM Activity

Go back to Microstrategy, Inc. (MSTR) Announces BTC and ATM Activity

MicroStrategy Announces BTC and ATM Activity; Raised $2.03 billion; Purchased 27,200 BTC; Now Holds 279,420 BTC with BTC Yield of 26.4% YTD

November 11, 2024 8:00 AM EST

TYSONS CORNER, Va.--(BUSINESS WIRE)-- MicroStrategy® Incorporated (Nasdaq: MSTR) (the Company), the largest corporate holder of bitcoin and the worlds first Bitcoin Treasury Company, today announced updates with respect to its bitcoin activity and holdings, capital markets activity, and BTC Yield, a key performance indicator.

BTC Update

The Company today announced that, during the period between October 31, 2024 and November 10, 2024, the Company acquired approximately 27,200 bitcoins for approximately $2.03 billion in cash, at an average price of approximately $74,463 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using... More