Bitcoin Bitcoin’s strategic bodies amounted to $ 23.9 billion despite the loss of $ 670 million in the fourth quarter and stopping in purchases
Microstrategy, the bitcoin whale that was renamed to the strategy only yesterday, ended in 2024 with bitcoin reserves worth 23.9 billion dollars, according to a financial report of the company that was issued yesterday.
Despite reporting a net loss of $ 670 million for the fourth quarter, the company, led by CEO Fong -Law, has shared that it had acquired 447,470 Bitcoin so far. She said the strategy in profits a report The last temporary suspension in the new Bitcoin purchases has nothing to do with their commitment to OG’s encryption.
“We are now a strategy – a name that speaks to our global mission. Bitcoin and AI are the most transformational techniques in the twenty -first century, and we are the money of these fees.”
In the fourth quarter alone, the strategy bought 218,887 Bitcoins for $ 20.5 billion, setting a record in the company for quarterly acquisitions.
On August 7, 2024, the strategy implemented the division of shares 10 for 1 for each of the category A and Category B shares, which expanded the group of potential investors by reducing the entry price.
According to the profit report, the strategy issued more than 42.3 million shares of category A between October and 2024 for $ 15.1 billion, then 6.5 million shares were sold between January 1 and February 2 for $ 2.4 billion.
Even after this, the strategy still has $ 4.3 billion in the A.C. -available stock stocks. Financial director Andrew Kang said that the capital’s capital plan shoots all cylinders. “We raised $ 20 billion from our goal of $ 42 billion, before the specified date,” he said.
The company also launched the first transferred preferred shares offer, with the support of both institutional investors and retail trade. This collected $ 584 million in early 2025.
But this is not all. In November 2024, the strategy released $ 3 billion in 0 % convertible notable notes, which ripen in 2029. Investors agreed to a $ 672.40 transfer price per share, and to lock future stocks in what is betting that it will be a deal.
After the subscription and commissions, the strategy was launched $ 2.97 billion in the release. In January, the company provided another financial tool: Series A Perpetual Strike Preferred Stock. These 7.3 million shares, at $ 80 each, brought 563.4 million dollars after expenses. They carry 8 % annual profits and $ 100 liquidation. It is clear that the strategy knows how to work capital markets.
Bitcoin strategic profits amounted to $ 10 billion
BTC strategic return – the rate of return on bitcoin possesses – climbs 74.3 % in 2024. Over the course of 2025, they set a 15 % less target, most likely to move towards a measure, according to the profit report. The company also informed the BTC profit of 140,538 against 2024, with a $ 10 billion profit goal of $ 10 billion this year.
In line with its long -term mission, the strategy announced that it will adopt the fair value that represents Bitcoin starting in 2025. This means that the quarterly financial statements now reflect the market value in the actual time of its property.
Bitcoin fluctuations will directly affect the profits reported, whether positively or negatively. The new accounting base, ASU 2023-08, requires a strategy to implement an increase of $ 12.745 billion on the detained profits as a cumulative amendment.
As of December 31, 2024, the digital assets of the strategy carried a defensive value of $ 23.9 billion, based on the average purchase price of $ 62.503 per bitcoin. But the market value was $ 41.8 billion, driven at the price of Bitcoin 93,390 dollars at the end of the year.
Convertible notes increase and increase shares
Another important decision in the strategic restructuring is to recover the 0 % uploadable notes due in 2027. On January 24, the strategy stated that it had issued a notice to recover all these notes of $ 1.05 billion by February 24.
I have a holder until February 20 to convert their notes into category A shares at a rate of 7,0234 shares per 1,000 dollars from the manager. This works to a transfer price of $ 142.38 per share. If any of the holders of the conversion notes, the strategy says it will pay money for fractures, but the issuance of shares for you the bulk of the commitment.
In anticipation, the shareholders agreed to the strategy to amendments to the company’s charter in January 2025. Their number has increased from the number of shares of category (a profit report.
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