Michael Saylor, the founder of MicroStrategy, shared news of significant shareholder benefits from Bitcoin-related strategies.
$299 Million Bitcoin 'Gift' to Shareholders
Last week, the company's treasury operations yielded a Bitcoin income of 0.72%, equivalent to approximately 3,177 BTC. With Bitcoin priced at around $94,000, this amounts to nearly $299 million, as Michael Saylor announced on Twitter.
MicroStrategy's Recent Bitcoin Purchase
On Monday, MicroStrategy stunned financial markets by announcing the acquisition of Bitcoin worth $561 million at an average price of $107,000 per coin. This strategic purchase continues the company's bitcoin accumulation strategy.
Michael Saylor's View on MicroStrategy's Strategy
Michael Saylor emphasized his company's strategy of accumulating Bitcoin as a means to preserve and increase the company's asset value. He pointed out the importance of buying Bitcoin by stating that not purchasing it at the top means 'leaving money on the table.'
MicroStrategy continues to boost its Bitcoin holdings, increasing asset value through strategic treasury management and acquisitions. The company remains committed to Bitcoin as a store-of-value, focusing on boosting shareholder profits.
