MicroStrategy, a leading business intelligence firm, has reported that it has not sold any Class A common stock or acquired new Bitcoin between the dates of February 24 and March 2, as noted in its latest 8-K report. By March 2, 2025, MicroStrategy alongside its subsidiaries holds a substantial total of 499,096 Bitcoins.
The cumulative purchase cost of these holdings is approximately $33.1 billion, which translates to an average purchase price of $66,357 per Bitcoin. This strategic holding reinforces MicroStrategy's commitment to Bitcoin as a key component of its treasury strategy and showcases the company's resilience in the current market environment.
Furthermore, the company’s board has announced an attractive quarterly cash dividend of $1.24 per share for its Series A perpetual preferred stock, identified by the ticker STRK, offering an 8.00% rate of return. This dividend is set to be paid on March 31, with a record date established for March 15.
MicroStrategy's approach not only reflects its steadfastness in digital assets but also aims to provide additional value to its shareholders, highlighting a proactive stance in an evolving financial landscape..