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Michael Saylor Announces $299 Million 'Bitcoin Gift' to MSTR Holders

Michael Saylor, the founder of MicroStrategy, recently revealed the net benefit paid to the company's Bitcoin shareholders, which he referred to as a "gift". The company's treasury operations resulted in a Bitcoin yield of 0.72%, equivalent to approximately $299 million at the current BTC price. MicroStrategy's commitment to strategic Bitcoin accumulation and its focus on Bitcoin as a store-of-value have positioned the company as a leader among publicly traded companies embracing cryptocurrency. The company recently acquired an additional $561 million worth of BTC, bringing its total holdings to 444,262 BTC valued at approximately $27.7 billion. Saylor defended the company's Bitcoin accumulation strategy, stating that not buying BTC at its peak would result in missed opportunities.

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