MicroStrategy Obtains 1,070 $BTC While Reporting Strong Yield Performance

MicroStrategy Incorporated, a prominent business intelligence and enterprise analytics firm, has announced the buyout of additional 1,070 $BTC. In addition to buying 1,070 Bitcoin, MicroStrategy has reported a 74.3% $BTC Yield in fiscal year 2024. In its new Form 8-K filing, which was submitted to the U.S. SEC, the platform disclosed the latest $BTC acquisition.

MicroStrategy Gets 1,070 $BTC Apart from Recording $BTC Yield of 74.3% in 2024

MicroStrategy mentioned in its new filing that it has purchased $1,070 additional $BTC for nearly $101M. This accounts for a per-token price of $94,004, placing the cumulative Bitcoin holdings of the platform at 447,470 $BTC. The aggregate price of the respective holdings is almost $27.97B. This equates to the average buyout price of up to $62,503 per $BTC. This results in a massive unrealized gain for MicroStrategy. Apart from that, with a remarkable yearly surge, the platform’s $BTC Yield has reached 74.3%.

According to the Form 8-K filing, MicroStrategy also experienced a resilient capital activity. In this respect, it effectively obtained $15.09B in terms of net proceeds via the equity offerings at the market. Additionally, the platform also raised $2.97B by issuing 0% convertible senior notes. During the entire 2024, the firm had witnessed 226.1M Class A shares as well as 19.6M Class B shares. Along with that, the strategic convertible note usage by MicroStrategy highlights a unique approach to backing its $BTC acquisitions.

Cumulative Bitcoin Holdings of MicroStrategy Reach 447,470 $BTC

MicroStrategy keeps leveraging $BTC investment strategy to boost the creation of value for shareholders. With a portfolio containing 447,470 $BTC, the company records a spiking $BTC Yield. In this respect, MicroStrategy has turned into a pioneering advocate for $BTC adoption across corporate treasury sector. Keeping in view MicroStrategy’s filing, it sees $BTC Yield as a promising factor.