
MicroStrategy Acquired 11k Bitcoins for About $1.1 Billion Ahead of Jan 21st Major Shareholder’s Vote
Company’s strategic stock-to-Bitcoin conversion demonstrates successful leverage of capital markets, with $17.7 billion in unrealized profits from BTC investments. Proposed stock expansion to 10.3 billion shares and positive BTC yield of 1.69% indicate strong momentum in MicroStrategy’s crypto-focused strategy. Institutional impact spreads as companies like KULR and Metaplanet follow suit, while Bitcoin supply on exchanges…