Bitcoin’s growing prominence as a transformative financial asset took center stage as Microstrategy Inc. (Nasdaq: MSTR) detailed its latest bitcoin acquisitions and strategic initiatives, according to a Dec. 16 filing with the U.S. Securities and Exchange Commission (SEC).
During the week ending Dec. 15, 2024, the company raised $1.54 billion through the sale of approximately 3.9 million shares under a previously announced sales agreement with several financial institutions. These funds were used to acquire 15,350 bitcoins at an average price of $100,386 per BTC, including fees and expenses. Microstrategy’s executive chairman, Michael Saylor, shared on social media platform X Monday:
Microstrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin.
Microstrategy now holds 439,000 BTC, acquired at a total cost of $27.1 billion, with an average price of $61,725 per coin. The company uses its proprietary BTC Yield metric to assess the shareholder value generated by its bitcoin-focused treasury strategy. For the quarter-to-date, BTC Yield rose by 46.4%, and year-to-date, it surged by 72.4%.
The company’s inclusion in the Nasdaq-100 Index further bolstered its stock price, which soared by 500% as of writing. This recognition underscores Microstrategy’s leadership in integrating bitcoin into corporate finance and its growing appeal to institutional investors.
Microstrategy recently unveiled its “21/21 Plan,” targeting $42 billion in funding over three years—split evenly between equity and fixed-income securities—to increase its bitcoin holdings. The strategy underscores the company’s belief in bitcoin as a key financial asset. Saylor projects bitcoin could reach $13 million per coin by 2045, with estimates ranging from a bear case of $3 million to a bull case of $49 million. He has also urged corporations, including Microsoft, to adopt bitcoin to boost market value and suggested Berkshire Hathaway invest its $325 billion cash reserve in the cryptocurrency.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。