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MicroStrategy | 8-K: Current report

SEC ·  Dec 16 08:03

Summary by Moomoo AI

MicroStrategy announced significant bitcoin acquisitions and stock sales from December 9-15, 2024. The company purchased 15,350 bitcoins for $1.5B, averaging $100,386 per bitcoin. This was funded by selling 3,884,712 shares, raising net proceeds of $1.54B.As of December 15, MicroStrategy held 439,000 bitcoins, acquired at an average price of $61,725 per bitcoin, totaling $27.1B. The company's BTC Yield, a key performance indicator measuring bitcoin holdings relative to assumed diluted shares, was 46.4% for Q4 2024 and 72.4% YTD.MicroStrategy's aggressive bitcoin acquisition strategy continues, with $7.65B in shares still available for issuance under its $21B at-the-market offering program. The company emphasizes BTC Yield as a metric to assess its strategy's performance, while noting its limitations and urging investors to rely on official financial statements.
MicroStrategy announced significant bitcoin acquisitions and stock sales from December 9-15, 2024. The company purchased 15,350 bitcoins for $1.5B, averaging $100,386 per bitcoin. This was funded by selling 3,884,712 shares, raising net proceeds of $1.54B.As of December 15, MicroStrategy held 439,000 bitcoins, acquired at an average price of $61,725 per bitcoin, totaling $27.1B. The company's BTC Yield, a key performance indicator measuring bitcoin holdings relative to assumed diluted shares, was 46.4% for Q4 2024 and 72.4% YTD.MicroStrategy's aggressive bitcoin acquisition strategy continues, with $7.65B in shares still available for issuance under its $21B at-the-market offering program. The company emphasizes BTC Yield as a metric to assess its strategy's performance, while noting its limitations and urging investors to rely on official financial statements.
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