December 24, 2024
U.Today - Michael Saylor, founder of MicroStrategy business intelligence firm, who is currently its executive chairman in charge of its Bitcoin strategy, has taken to the X social media platform to reveal last week’s net benefit paid to the company’s BTC shareholders.
Saylor called it a Bitcoin “gift” to the company’s shareholders.
Thus, the MicroStrategy’s founder has stressed the company’s commitment to increasing shareholder value by means of strategic Bitcoin accumulation and yield-generation strategies. The company’s strong treasury management and its strategy focused on Bitcoin as a store-of-value have earned it a leading position among publicly traded companies that are embracing Bitcoin.
As of now, Michael Saylor’s company holds a whopping 444,262 BTC valued at roughly $27.7 billion bought at $62,257 per BTC on average.
Earlier today, Saylor published a tweet, in which he defended his company’s Bitcoin accumulation strategy, saying that if you do not buy BTC at the top, you “leave money on the table.”