MicroStrategy currently still has approximately $4.35 billion in shares available for issuance and sale
MicroStrategy submitted an 8-K filing showing that the company issued and sold 2.765 million shares of stock between January 21 and 26, raising approximately $1.1 billion. The funds were used to purchase 10,107 bitcoins at an average price of approximately $105,600. As of January 26, the company holds 471,940 bitcoins, with a total investment of approximately $30.4 billion and an average cost of $64,500 per bitcoin. The company still has approximately $4.35 billion available for use from the $21 billion stock offering agreement signed in October of last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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