Form 8-K · Current Report · Filed 2024-11-18
MicroStrategy Increases Bitcoin Holdings by Acquiring 51,780 BTC
On November 18, 2024, MicroStrategy Incorporated announced that it acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash during the period between November 11, 2024, and November 17, 2024.
- Filer
- MicroStrategy Inc. MSTR · NASDAQ
- Filed
- Accession
- 0001193125-24-260452
- CIK
- 0001050446
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
The purchase was funded using proceeds from the issuance and sale of shares under a Sales Agreement. As of November 17, 2024, MicroStrategy held approximately 331,200 bitcoins, acquired at an aggregate purchase price of approximately $16.5 billion. Additionally, MicroStrategy disclosed its BTC Yield, a key performance indicator reflecting the percentage change in the ratio of bitcoin holdings to assumed diluted shares outstanding, showing a 20.4% increase from October 1, 2024, to November 17, 2024, and a 41.8% increase from January 1, 2024, to November 17, 2024.
Items reported
Regulation FD Disclosure
Other Events
Market reaction
Close before filing
$340.65
Next session
+26.4%
Since filing
-72.6%
Latest close
$93.28
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from MSTR reporting the same item, with the next session's move:
About MicroStrategy Inc.
MicroStrategy Inc. is a prominent business intelligence company that specializes in providing robust analytics solutions. The company's primary function is to offer enterprise analytics and mobility software, designed to help organizations harness the power of large datasets to drive decision-making processes. MicroStrategy's platform enables businesses across various sectors, including finance, healthcare, manufacturing, and retail, to analyze data and generate valuable insights into operations and market trends. Key features of MicroStrategy's offerings include its ability to deliver high-performance analytics at scale, facilitate mobile intelligence, and support data visualization. With a strong emphasis on user-friendly interfaces, the company ensures that even complex data insights are accessible to decision-makers and analysts alike. MicroStrategy has also gained significant attention in the financial markets for its strategic investments in Bitcoin, reflecting its interests in digital currency as a part of corporate asset strategy. As such, the company continues to play a pivotal role in the evolving landscape of enterprise analytics, while also engaging with the broader discourse around cryptocurrency integration in business operations.
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