TLDR Crypto · MARKETS & BUSINESS

MICROSTRATEGY ANNOUNCES BTC AND ATM ACTIVITY

microstrategy.com3 min read

Summary from the TLDR Crypto newsletter

MicroStrategy has raised $2.03 billion through at-the-market (ATM) stock sales. It is using the funds to purchase an additional 27,200 bitcoins, which will bring its total holdings to 279,420 BTC acquired at an average price of $42,692. This acquisition boosts its year-to-date BTC yield to 26.4%, supporting the company's ongoing strategy to enhance shareholder value through bitcoin accumulation.