MicroStrategy Sells Shares Worth $1.54 Billion

According to PANews, MicroStrategy has announced the sale of approximately 3,884,712 shares, generating net proceeds of around $1.54 billion after deducting sales commissions. This transaction occurred between December 9, 2024, and December 15, 2024, under the terms of a sales agreement. As of December 15, 2024, approximately $7.65 billion worth of shares remain available for issuance and sale under the same agreement. Earlier today, it was reported that MicroStrategy invested approximately $1.5 billion to acquire an additional 15,350 bitcoins. This move aligns with the company's ongoing strategy to increase its bitcoin holdings, reflecting its commitment to cryptocurrency investments.