Microstrategy, a company focusing on business intelligence and cloud-based services, has reported a significant year-end performance metric for its bitcoin holdings. The company disclosed a Bitcoin Total Value Yield (BTC Yield) of 74.1% as of December 31, 2024. This is a notable achievement in the company’s strategy to acquire and hold bitcoin for shareholder value.
In recent months, Microstrategy has engaged in share sales and acquisitions, generating $209 million in revenue during December alone. The company now holds approximately 446,400 bitcoins, with its market capitalization valued at around $80.8 billion.
The data highlights Microstrategy’s commitment to digital assets as part of its corporate strategy. As the company continues to explore opportunities in the blockchain and cryptocurrency space, investors may want to monitor its future developments and potential impact on the stock price.
Source: https://finance.yahoo.com/news/microstrategy-strategic-bitcoin-investment-equity-132828210.html