Bitcoin Giant MicroStrategy Will Be Split into 10: Here Are All the Details About the Process!

MicroStrategy, the largest institutional Bitcoin (BTC) whale, is heading for a split.

MicroStrategy announced a 10-for-1 stock split effective August 1.

In the statement, it was stated that this division aims to make the shares more accessible to investors and employees.

The split will take place after the US stock markets close on August 1. The split will be based on a dividend offered to investors and will include Class A and B shares.

In the details of the statement made by the company, it was emphasized that dividends will not have any impact on the voting and other rights of shareholders:

As a result of the dividend, each holder of MicroStrategy's Class A common stock will receive nine additional shares of Class A common stock and each holder of MicroStrategy's Class B common stock will receive nine additional shares.

The company received additional shares of Class B common stock. The stock dividend will have no impact on the voting and other rights of shareholders.

As of 2024, MicroStrategy has 158,245 Bitcoins worth approximately 9 billion 19 million 965 thousand dollars.

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