MicroStrategy’s Strategic Bitcoin Investment and Equity Sale

December 31, 2024

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https://www.tipranks.com/news/company-announcements/microstrategys-strategic-bitcoin-investment-and-equity-sale

Microstrategy ( (MSTR) ) has issued an announcement.

MicroStrategy reported a BTC Yield of 74.1% for the year 2024, which is a key performance indicator reflecting the company’s strategy of using equity capital to acquire bitcoin. During December 2024, MicroStrategy sold shares worth $209 million and acquired 2,138 bitcoins, holding a total of 446,400 bitcoins as of the end of the period, underscoring its commitment to bitcoin as a core part of its strategy.

More about Microstrategy

MicroStrategy is a company operating in the technology and finance sectors, primarily focusing on business intelligence, mobile software, and cloud-based services. The company is notably involved in acquiring and holding bitcoin as part of its corporate strategy to leverage digital assets for shareholder value.

YTD Price Performance: 422.47%

Average Trading Volume: 27,146,258

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $80.8B

See more insights into MSTR stock on TipRanks’ Stock Analysis page.

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