Bitcoin

Yield

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>MicroStrategy’s Form 8-K with the SEC revealed the latest BTC purchase between November 11-17.</li> 
 <li>As of November 17, MicroStrategy held 331,200 BTC, totaling around $16.5 billion.</li> 
</ul> 
<p>MicroStrategy bought a significant additional Bitcoin amount last week, according to the latest reports shared by Michael Saylor in a new post via X.</p> 
<h2 id="microstrategy-s-latest-btc-purchase-between-november-11-17">MicroStrategy’s Latest BTC Purchase Between November 11-17</h2> 
<p>The company’s Form 8-K submitted to the US SEC reveals that between November 11 and November 17, MicroStrategy acquired 51,780 Bitcoins worth around $4.6 billion, at an average price of $88,627 per coin, including total fees and expenses.</p> 
<figure id="attachment_53382" aria-describedby="caption-attachment-53382" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/11/micro.png"><img loading="lazy" decoding="async" class="wp-image-53382 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/11/micro.png" alt="MicroStrategy official notes" width="1155" height="1462" title="MicroStrategy Bought $4.6B in Bitcoin Last Week 40" srcset="https://crypto.ro/en/wp-content/uploads/2024/11/micro.png 1155w, https://crypto.ro/en/wp-content/uploads/2024/11/micro-237x300.png 237w, https://crypto.ro/en/wp-content/uploads/2024/11/micro-809x1024.png 809w, https://crypto.ro/en/wp-content/uploads/2024/11/micro-768x972.png 768w, https://crypto.ro/en/wp-content/uploads/2024/11/micro-750x949.png 750w, https://crypto.ro/en/wp-content/uploads/2024/11/micro-1140x1443.png 1140w" sizes="(max-width: 1155px) 100vw, 1155px"></a>
 <figcaption id="caption-attachment-53382" class="wp-caption-text">
  MicroStrategy official notes
 </figcaption>
</figure> 
<p>The BTC purchase was made using proceeds from the issuance and sale of shares under the Sales Agreement.</p> 
<p>Also, the official notes revealed that, as of November 17, MicroStrategy, together with its subsidiaries, held an aggregate of approximately 331,200 BTC, acquired at an aggregate purchase price of about $16.5 billion and an average purchase price of approximately $49,847 per coin, including fees and expenses.</p> 
<p>The company’s <a href="https://www.microstrategy.com/press/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc" rel="nofollow noopener" target="_blank">Form 8-K</a> revealed that on October 30, 2024, MicroStrategy entered into a Sales Agreement with more companies, according to which it may issue and sell shares of its class A common stock, per value of $0.001 per share, having an aggregate offering price of up to $21 billion from time to time via the Sales Agents.</p> 
<p>The companies involved in the agreement include the following:</p> 
<ul> 
 <li>TD Securities LLC, an investment bank in the USA</li> 
 <li>Barclays Capital Inc., an investment bank in England</li> 
 <li>The Benchmark Company, LLC, an investment bank in the USA</li> 
 <li>BTIG, LLC, a global financial services firm</li> 
 <li>Canaccord Genuity, LLC, a financial services firm based in Canada</li> 
 <li>Cantor Fitzgerald &amp; Co., an American financial services firm</li> 
 <li>Maxim Group, LLC, an American investment bank and wealth investment firm</li> 
 <li>Mizuho Securities USA LLC, a Japanese investment banking and securities firm</li> 
 <li>SG Americas Securities, LLC, an American private equity firm</li> 
</ul> 
<h2 id="microstrategy-s-btc-yield-data">MicroStrategy’s BTC Yield Data</h2> 
<p>The company’s Form 8-K submitted to the SEC also noted that from October 1, 2024, to November 17, 2024, MicroStrategy’s BTC Yield was 20.4%.</p> 
<p>Also, from January 1, 2024, to November 17, 2024, the BTC yield was 41.8%.</p> 
<p>BTC Yield is a key performance indicator (KPI) that represents the percentage change period-to-period of the ratio between the Company’s Bitcoin holdings and its assumed Diluted Shares Outstanding.</p> 
<p>MicroStrategy uses BTC Yield as a KPI to help assess the performance of its strategy of buying <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/">Bitcoin</a> in a manner that the company believes is accretive to shareholders.</p> 
<p>Microstrategy started investing in Bitcoin in August 2020.</p>

MicroStrategy Bought $4.6B in Bitcoin Last Week

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