MicroStrategy earned a net profit of $1.54 billion last week through the sale of shares

Dec 16, 2024 13:25
According to MicroStrategy's latest 8-K filing, MicroStrategy announced that from December 9, 2024 to December 15, 2024, the company has sold a total of 3884712 shares under the Sales Agreement, resulting in a net profit of approximately $1.54 billion (after deducting sales commissions). As of December 15, 2024, there are still approximately $7.65 billion worth of stocks available for issuance and sale under the Sales Agreement. Earlier today, it was announced that Microstrategy had invested approximately $1.5 billion to increase its holdings of 15350 bitcoins.
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