🆘🔥 #Фонд George #Сороса invested more than $257 million in MicroStrategy

Soros Fund Management, founded by investor George Soros, invested a total of more than $257 million in MicroStrategy shares in the first quarter of 2024. This is according to Form 13F filed by the organization with the US Securities and Exchange Commission (SEC).

In particular, the fund purchased 121,292,000 converted bonds in the amount of $257.3 million. The company slightly reduced the position by exercising some of the options, according to the form for the fourth quarter of 2023.

At the same time, the estimated value of the portfolio increased. Note that since the beginning of 2024, MicroStrategy’s share price has increased by almost 500%. At the time of writing they are trading at $1684.8