MicroStrategy business intelligence executive chairman Michael Saylor took to his X platform to inform MSTR holders of last week’s gains. The founder announced that the company’s treasury had recorded gains of 1440 BTC to MSTR holders.
Saylor clarified the gains resulted in a yield of 0.32% relative to its holdings of 447,470 bitcoins. He added that based on the current BTC price of $96,000 per Bitcoin, shareholder value creation amounted to over $130 million. According to the firm’s latest data, the company now holds approximately $43,482,712,000.
Microstrategy vows to continue purchasing more BTC into 2027
On January 5, the firm announced it had purchased $101 million worth of Bitcoin and accumulated an additional $243 million BTC on January 13. The company’s executive also disclosed in a press release that the inflows from the sale and issuance of company shares funded the acquisition.
Microstrategy vowed to continue purchasing Bitcoin as a testament to its shifted stance on digital assets and its view of these digital assets as a reserve currency.
The company revealed that it planned to accumulate $42 billion in capital through 2027 by using convertible debt offerings to purchase additional BTC. It added that it would use at-all-the-market stock sales to buy more tokens in the next two years.
Michael Saylor encouraged companies to invest in Bitcoin rather than bonds at Monday’s ICR Conference in Orlando. He added that Bitcoin had increased in value since 2020 when the company began using BTC as its primary reserve asset. Saylor termed bonds “toxic,” noting that they had recorded significant declines over the past few years.
