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MicroStrategy shares rise 10% after $2 billion Bitcoin acquisition at $74.4k – TON BOT

MicroStrategy shares rise 10% after $2 billion Bitcoin acquisition at $74.4k

MicroStrategy purchased 27,200 BTC for $2.03 billion between Oct. 31 and Nov. 10, now holding 279,420 BTC worth over $20 billion. The company funded the purchase through stock sales agreements. Despite potential share dilution, each share still represents 0.00124464 BTC. MicroStrategy’s Bitcoin yield is 7.3% from Oct. 1 to Nov. 10.


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