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Michael Saylor Announces $299 Million ‘Bitcoin Gift’ to MSTR Holders
MicroStrategy’s CEO Michael Saylor has made another significant announcement, this time revealing a substantial “Bitcoin gift” to MicroStrategy shareholders. According to his recent tweet, the company’s treasury operations have generated a whopping 0.72% BTC yield, which translates into an astonishing 3,177 BTC.
At today’s price of around $107,000 per one BTC, this yield is equivalent to approximately $299 million. Saylor referred to it as a “Bitcoin gift” for MSTR holders, emphasizing the significance of these funds and their potential impact on the shareholders’ investments.
As reported by U.Today earlier, Michael Saylor initially announced his company’s Bitcoin yield last week, revealing a 0.72% BTC gain. This substantial profit is attributed to MicroStrategy’s treasury operations, which have been designed to generate value for MSTR holders.
The “Bitcoin gift” announcement has sparked excitement and curiosity among crypto enthusiasts, as it highlights the potential benefits of investing in Bitcoin alongside traditional assets.
Source: u.today
