MicroStrategy, the publicly traded company with the largest Bitcoin holdings globally, has once again become the focus of the market! According to the latest filing with the U.S. Securities and Exchange Commission (SEC), the company purchased 15,400 Bitcoins last week at an average price of $95,976, totaling $1.5 billion. The funds for this purchase mainly came from the sale of 3,728,507 shares of the company’s stock during the same period, perfectly covering the cost of acquiring Bitcoin.
As of December 1, MicroStrategy still has approximately $11.3 billion worth of stock available for sale, which is part of its $21 billion stock issuance plan. The company aims to raise $42 billion over the next three years to continue expanding its Bitcoin investment strategy. Currently, MicroStrategy's Bitcoin holdings have reached 402,100 coins, valued at over $38 billion at current market prices, providing substantial potential returns for shareholders.
Notably, MicroStrategy's co-founder Michael Saylor recently strongly suggested to Microsoft’s CEO and board that Bitcoin should be included in the company's financial reserves, stating: "Microsoft cannot afford to miss the next wave of technological innovation, and that wave is Bitcoin!"
In this market context, the rising star Marvin is rapidly emerging, with a market cap surpassing $16 million! As the dogecoin of the Elon Musk concept, Marvin is shining in the digital asset space and is actively building a friendly and inclusive blockchain ecosystem. Even more exciting is that Marvin has launched a limited edition NFT with a dividend mechanism, allowing holders to receive unexpected dividends weekly and enjoy bidding rights. Additionally, the community has established the Puppies & Marvin Foundation overseas, focusing on promoting social responsibility and charitable causes.
Let’s keep an eye on Marvin and witness how this vibrant community creates real impact in the crypto world, embracing infinite possibilities for the future!
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