๐ Michael Saylor is Back at It โ Buying More Bitcoin! ๐ค
MicroStrategy has announced bold plans to sell 5 million shares and use the proceeds to stack more BTC! ๐
โจ Key Highlights:
๐ธ Dividends: Shares will yield 10% annually, with quarterly payouts. ๐ฐ
๐ธ Buyback: If less than 25% of shares remain in circulation, the company can buy them back. ๐
๐ธ Recently purchased 130 BTC for $10.7M, marking their smallest buy since 2020. ๐
๐ Current BTC Stats:
๐น Total Holdings: 499,226 BTC (~2.38% of total supply) ๐
๐น Average Purchase Price: $66,360 per BTC ๐
๐น Profit: Despite market dips, MicroStrategy is still up by a whopping $8B! ๐ต
๐ฅ Just 774 BTC more, and theyโll hit the legendary milestone of 500,000 BTC! ๐