tiprankstipranks
MicroStrategy Expands Bitcoin Holdings and Reports High Yield
Company Announcements

MicroStrategy Expands Bitcoin Holdings and Reports High Yield

Don't Miss our Black Friday Offers:

Microstrategy ( (MSTR) ) has provided an announcement.

MicroStrategy has reported a significant BTC Yield of 63.3% for the year, highlighting its strategic approach to acquiring bitcoin by issuing additional common stock or convertible instruments. This key performance indicator reflects the growth in bitcoin holdings relative to the company’s diluted shares. Furthermore, the company has recently acquired around 15,400 bitcoins worth $1.5 billion, funded through stock sales, bringing its total holdings to approximately 402,100 bitcoins. Such moves continue to underline MicroStrategy’s commitment to leveraging bitcoin as a core component of its financial strategy.

For a thorough assessment of MSTR stock, go to TipRanks’ Stock Analysis page.

Related Articles
Shrilekha PetheBest ETFs to Buy Now, 12/2/2024, According to Relative Volume
TheFlyInvestors flock to pair of turbocharged ETFs, don’t understand risks, WSJ says
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App