The company now owns more than $192 million worth of BTC and touts a “Bitcoin yield” of more than 99%, it said.
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Critics call it heedless; supporters say it’s brilliant. Either way, Michael Saylor continues doubling down on Bitcoin.
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According to data from MicroStrategy co-founder Michael Saylor, the company holds 444,262 Bitcoin, valued at roughly $41.4 billion.
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The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others.
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MicroStrategy slowed down Bitcoin buying last week, reporting the smallest BTC buy since July 2024.
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According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion.
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Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major investments on Thursday. Since […]
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Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.
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MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin.
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Corporate Bitcoin adoption is “going parabolic,” and early birds have little to worry about when it comes to BTC price corrections.
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