The framework emphasizes practical compliance measures, including standardized disclosures and industry-driven protocols, to enhance transparency. It also seeks to significantly reduce issuance costs while expanding market access from 4,000 publicly listed companies to a staggering 40 million businesses.
MicroStrategy’s recent inclusion in the Nasdaq 100, replacing IT firm Super Micro Computer, is expected to spark increased buying activity from funds that track the index.
The company’s market position is underscored by its stock trading at nearly twice the net asset value of its Bitcoin holdings. This premium enables MicroStrategy to issue shares above their intrinsic value, providing additional capital for further Bitcoin acquisitions.
These developments affirm the Bitcoin-centric strategy pioneered by Michael Saylor. Since initiating cryptocurrency investments four years ago, Saylor has become one of Bitcoin’s most vocal and influential proponents.
According to data from Saylortracker, MicroStrategy now holds 439,000 Bitcoin, with an unrealized gain of $16 billion. The company’s most recent Bitcoin purchase occurred on December 16, involving 15,350 coins for a total of $1.5 billion.
MicroStrategy’s strategic focus on Bitcoin has propelled the software company into the Nasdaq 100, elevating its market capitalization to $88 billion. This surge comes despite the firm holding Bitcoin valued at approximately $43 billion.
In 2024 alone, MicroStrategy has raised nearly $20 billion through a mix of share offerings and convertible bonds. Its stock has experienced a remarkable increase of over 500% this year.
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