Relevant SEC Filings & Associated Information Contained Within | LibreCharts

Relevant SEC Filings & Associated Information Contained Within

1. Form 8-K (June 8th, 2021) - Announcing $500M total raised from the junk bond offering. "The Company estimates that the net proceeds of the offering will be approximately $488 million, after deducting initial purchaser discounts and commissions and estimated offering expenses payable by the Company. The Company intends to use the net proceeds from the sale of the notes to acquire additional bitcoin."

2. Form 8-K (June 7th, 2021) - In this form, MicroStrategy reveals an additional $284.5M in impairment losses, "related to its bitcoin for the three months ending June 30, 2021".

3. Form 8-K (May 18th, 2021) - This is the form 8-K where we get an updated total for the total Bitcoin that MicroStrategy has/had on hand on that date (along with the overall avg. price per BTC paid). "As of May 18, 2021, the Company holds approximately 92,079 bitcoins that were acquired at an aggregate purchase price of $2.251 billion and an average purchase price of approximately $24,450 per bitcoin, inclusive of fees and expenses."

We're going to do some quick math on those Bitcoin holdings (note that this doesn't include whatever additional purchases that they're planning on making because they have yet to release that yet; they just finished that $500M fundraise sale).