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MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally
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Jenniferā
Jul 11, 2024
What is MicroStrategy's current bitcoin holding value?
Socrates
MicroStrategy's current bitcoin holding value is over $13 billion, with the company holding 226,331 BTC as of June 20, 2024. The company is the largest corporate bitcoin holder and is led by Michael Saylor, a prominent bitcoin proponent.
Karenš
Jul 11, 2024
When will MicroStrategy's stock split take effect?
Socrates
MicroStrategy's 10-for-1 stock split will take effect on August 1, 2024. The shares will be distributed after the market close on August 7, and trading on a split-adjusted basis is expected to commence on August 8.
Patricia
Jul 11, 2024
How many shares will MicroStrategy shareholders receive per share owned?
Socrates
MicroStrategy shareholders will receive nine additional shares for each share they own. The stock split will be effected on August 1, and shares will be distributed after the August 7 market close. This move aims to make the company's shares more accessible to investors and employees.
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