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.
You may also like
Bitcoin drops to $95, but analyst projects appreciation above $104 in the coming weeks
Apple Frees Crypto Payments Outside App Store Following Court Order
Melania Meme Coin Team Sells Off 9.99 Million Tokens, Raising Questions about Project’s Future

Ethereum Price Predicted to Crash to $1,500: Bearish Forecast by CoinCodex’s Machine Learning Algorithm

Trending news
MoreCrypto prices
More








