MicroStrategy Acquires $786M in Bitcoin, Raising Holdings to $14.9B
Key:
MicroStrategy buys $786 million in Bitcoin using convertible notes proceeds.
Acquired 11,931 Bitcoin between April 27 and June 19.
This is the third largest Bitcoin purchase by MicroStrategy.
Total Bitcoin holdings now at 226,331, valued at $14.9 billion.
Company spent over $2.4 billion on Bitcoin in 2024 alone.
MicroStrategy's total expenditure on Bitcoin is $8.3 billion.
Achieved an 80% paper gain on its Bitcoin investments.
Michael Saylor began Bitcoin purchases in 2020 as an inflation hedge.
Bitcoin's value increased by around 600% since Saylor's initial purchase.
MicroStrategy's stock price surged over 1,000% since adopting Bitcoin strategy.
MicroStrategy buys $786 million in Bitcoin using convertible notes proceeds.
Acquired 11,931 Bitcoin between April 27 and June 19.
This is the third largest Bitcoin purchase by MicroStrategy.
Total Bitcoin holdings now at 226,331, valued at $14.9 billion.
Company spent over $2.4 billion on Bitcoin in 2024 alone.
MicroStrategy's total expenditure on Bitcoin is $8.3 billion.
Achieved an 80% paper gain on its Bitcoin investments.
Michael Saylor began Bitcoin purchases in 2020 as an inflation hedge.
Bitcoin's value increased by around 600% since Saylor's initial purchase.
MicroStrategy's stock price surged over 1,000% since adopting Bitcoin strategy.
$MicroStrategy(MSTR.US$ Potential Market Cap Visual
This chart shows the value of MicroStrategy's current #bitcoin stack at 1,2,3,4,5 multiples of Net Asset Value with higher BTC prices.
1-5 mNAV are all *less* than the Feb 2021 blow off top level of 6 mNAV.
The stars show the Bitcoin price where each mNAV crosses the 1 Trillion Market Cap level for $MSTR.
This chart shows the value of MicroStrategy's current #bitcoin stack at 1,2,3,4,5 multiples of Net Asset Value with higher BTC prices.
1-5 mNAV are all *less* than the Feb 2021 blow off top level of 6 mNAV.
The stars show the Bitcoin price where each mNAV crosses the 1 Trillion Market Cap level for $MSTR.
Current mNAV = 1.77x
-with low "bitcoin" Google Search Trends
-before BTC's peak seasonal point
-before FASB Fair Value accounting
-before $QQQ and $SPY inclusion
-before interest rates get cut
-while M2 is going higher
-during Orange Man's pro BTC campaign
-with low "bitcoin" Google Search Trends
-before BTC's peak seasonal point
-before FASB Fair Value accounting
-before $QQQ and $SPY inclusion
-before interest rates get cut
-while M2 is going higher
-during Orange Man's pro BTC campaign
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
