MicroStrategy Announces $42 Billion Bitcoin Investment Plan

Oct 31, 2024 · To measure efficiency of bitcoin purchases against new share issuance, MicroStrategy uses a BTC Yield metric. For every 100 new shares issued, the company aims …

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MicroStrategy Announces $42 Billion Bitcoin Investment Plan

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Oct 31, 2024 · To measure efficiency of bitcoin purchases against new share issuance, MicroStrategy uses a BTC Yield metric. For every 100 new shares issued, the company aims …

forbes.com

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MicroStrategy Plans Special Shareholder Vote To Support Its

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Dec 24, 2024 · MicroStrategy Inc. (NASDAQ:MSTR) announced a special shareholder meeting Monday to vote on proposals to support its ambitious $42 billion Bitcoin (CRYPTO: BTC) …

benzinga.com

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MicroStrategy Plans $42 Billion Bitcoin Expansion With Bold '21/21 …

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Oct 31, 2024 · At current prices, MicroStrategy’s $42 billion plan could result in the acquisition of around 580,000 BTC, accounting for 2.7% of the total supply. With 450 new Bitcoin mined …

cryptoslate.com

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MicroStrategy Plans $42 Billion Fundraise For Bitcoin Purchases …

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Oct 30, 2024 · The company plans to use these funds to purchase additional Bitcoin, maintaining its role as a “Bitcoin Treasury Company.” MicroStrategy announces $42 billion capital plan …

tftc.io

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MicroStrategy To Raise $42 Billion For Further Bitcoin Purchases …

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Oct 31, 2024 · On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its …

cryptoglobe.com

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Billionaire Saylor's MicroStrategy Unveils $42B Plan To Buy More ...

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Oct 31, 2024 · Ryan McGinnis, a quant volatility researcher, called the plan “escape velocity,” predicting a widening gap between MicroStrategy and other companies—even nation …

cryptonews.com

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MicroStrategy Expands Bitcoin Holdings With Latest Acquisition Of …

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2 days ago · MicroStrategy buys 2,530 BTC, following its '21/21 Plan' to raise $42B for Bitcoin acquisitions. MSTR stock up 490% in the past year. ... As of January 12, 2025, MicroStrategy …

coinpedia.org

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MicroStrategy Announces $42b Bitcoin Plans - Alphapacked.com

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Oct 30, 2024 · The funds will go toward buying more Bitcoin as a treasury reserve asset. Funds in Hand for BTC: As of Q3 2024, MicroStrategy holds 252,220 BTC valued at $18 billion, and it …

alphapacked.com

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MicroStrategy Stock Is Up 400% This Year—What You Need To …

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Dec 23, 2024 · The company has purchased the cryptocurrency 45 times since 2020 for a total of 444,262 BTC on its books. ... MicroStrategy's latest bitcoin purchase. ... and Announces $42 …

investopedia.com

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MicroStrategy Buys Another $2.1 Billion Worth Of Bitcoin

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Dec 9, 2024 · The company spent roughly $2.1 billion to add 21,550 bitcoins to its stash that has now grown to 423,650 BTC, and is worth close to $41.5 billion at current prices. …

investopedia.com

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Bitcoin: MicroStrategy Announces $42B Plan For BTC Purchase

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Oct 31, 2024 · In a move that continues to fortify Michael Saylor’s commitment to the leading crypto, Michael Saylor’s MicroStrategy has announced a new $42 billion capital plan to buy …

substack.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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Developers Land $52.5M Construction Loan For The Braddock At …

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Mar 7, 2023 · Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey.The development site is located at 8619 …

newyorkyimby.com

FAQs about MicroStrategy Announces $42 Billion Bitcoin Investment Plan Coupon?

Will MicroStrategy raise $42 billion to buy bitcoin?

MicroStrategy revealed plans to raise $42 billion in fresh capital for bitcoin purchases over the next three years, according to its Q3 2024 earnings release on October 30, 2024. The company holds 252,220 bitcoins as of September 30, 2024, making it the largest publicly traded company bitcoin holder worldwide according to Coingecko data. ...

How much is 42 billion in Bitcoin (BTC)?

At the time of publication, $42 billion in Bitcoin (BTC) is equivalent to about 578,586 BTC, accounting for 2.7% of the total Bitcoin supply. MicroStrategy’s president and CEO, Phong Le, said the move would bolster the firm’s returns from holding Bitcoin. ...

What is MicroStrategy's BTC yield?

The company reported a year-to-date BTC Yield of 17.8%, a measure it uses to assess the performance of its bitcoin strategy. In the third quarter, MicroStrategy raised $2.1 billion through equity and debt, expanded its bitcoin holdings by 11%, and reduced annual interest expenses by $24 million. ...

Does MicroStrategy own bitcoin?

Currently, MicroStrategy owns roughly 1.2% of Bitcoin’s total supply, or 252,220 BTC, with an estimated value of $16 billion. The company’s original investment in Bitcoin totaled $9.9 billion, with an average purchase price of $39,266 per BTC. ...

How many Bitcoins did MicroStrategy buy in 2024?

In 2024, they exceeded this goal, reaching almost 118 bitcoins per share. The company's bitcoin holdings reached a market value of $16.007 billion at the end of Q3 2024, with bitcoin priced at $63,463. MicroStrategy acquired these holdings at a total cost of $9.904 billion, averaging $39,266 per bitcoin, according to its Q3 earnings release. ...

Will MicroStrategy increase authorized shares to sustain its bitcoin acquisition strategy?

MicroStrategy seeks shareholder approval to increase authorized shares from 330 million to 10.33 billion to sustain its Bitcoin acquisition strategy. Critics seem to misunderstand the proposal, fearing massive immediate dilution, while the reality is a structured approach to long-term value creation through Bitcoin accumulation. ...