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Form 8-K · Current Report · Filed 2024-12-16

MicroStrategy Updates Share Repurchase and BTC Holdings

On December 16, 2024, MicroStrategy Incorporated announced the sale of 3,884,712 shares of its common stock for net proceeds of approximately $1.54 billion, and the acquisition of approximately 15,350 bitcoins for about $1.5 billion in cash.

Filer
MicroStrategy Inc. MSTR · NASDAQ
Filed
Accession
0001193125-24-279044
CIK
0001050446
Signal
Medium impactTechnology

Details

As of December 15, 2024, the company held approximately 439,000 bitcoins, acquired at an average purchase price of approximately $61,725 per bitcoin. The company also disclosed its BTC Yield, a key performance indicator, which was 46.4% from October 1, 2024, to December 15, 2024, and 72.4% from January 1, 2024, to December 15, 2024.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 8.01

Other Events

Share Repurchase Program Announced Strategic Partnership Announced

Market reaction

Close before filing

$408.67

Next session

-5.4%

Since filing

-77.2%

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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