MicroStrategy Nets 3,177 BTC in Weekly Yield—Saylor Hails a ‘Gift to Shareholders
MicroStrategy reported a $299 million boost last week from its BTC treasury operations, yielding 3,177 BTC at a value of $94K each.
With 444,262 BTC in reserves, the company remains the largest corporate Bitcoin holder. Chairman Michael Saylor champions BTC as a superior store of value and projects its potential to transform global finance.
Despite market volatility, MicroStrategy’s stock has surged 400% in 2024, reflecting confidence in its Bitcoin-focused strategy.
Clever Robot News Desk 26th December 2024