MicroStrategy goes on another bitcoin-buying spree
It’s off to the races for MicroStrategy, which announced a capital plan on bitcoin’s 16th birthday to raise up to $2 billion through “one or more public underwritten offerings of perpetual preferred stock” to buy more bitcoin, a press release said.
The uber stockpiler holds 447,470 bitcoin, achieving “BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024,” CEO Michael Saylor posted on X.
MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01/05/2025, we hodl 447,470 $BTC acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR https://t.co/CkLrLSkB5M
— Michael Saylor⚡️ (@saylor) January 6, 2025
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