MicroStrategy Announces 10-for-1 Stock Split in 2025 – Bitcoin Giant’s Shares Set to Become More Affordable

HIGHLIGHTS

• MicroStrategy, a leading bitcoin holder, plans a 10-for-1 stock split effective August 2024.
• The split applies to both Class A and Class B shares for shareholders recorded by August 1, 2024, with nine additional shares issued per existing share after market close on August 7.
• This strategic move aims to lower individual share prices, making MicroStrategy stock more accessible and attractive to investors.
• MicroStrategy joins tech giants like Nvidia and Broadcom who recently executed similar stock splits to stimulate market interest.

MicroStrategy (MSTR), renowned as one of the world's largest holders of bitcoin (BTC), announced on Thursday, August 1, 2024, its intention to implement a 10-for-1 stock split. This initiative marks the company's latest step to enhance shareholder value and market participation.

The stock split will affect both Class A and Class B shares owned by investors recorded as of August 1, 2024. Following market close on August 7, shareholders will receive nine additional shares for each share previously held. The first day of trading with the adjusted share count will be August 8, 2024.

Boosting Accessibility and Demand Through Stock Split

While the overall investment value remains unchanged, reducing the per-share price is expected to attract a broader base of investors and increase trading liquidity. MicroStrategy's share price has surged beyond $1,000 in 2024, driven by bullish bitcoin trends and regulatory approvals, making it less accessible to smaller investors.

Despite bitcoin's peak above $73,000 in March 2024, recent months have seen price stabilization below $60,000, influencing market dynamics for crypto-linked equities like MicroStrategy.

Following Tech Leaders: Nvidia and Broadcom’s Stock Splits

MicroStrategy’s stock split follows similar moves by prominent technology companies. Nvidia executed its 10-for-1 split in July 2024, capitalizing on its AI chip market momentum, while Broadcom is set for a comparable split after market close on August 2, 2024.

Post-announcement, MicroStrategy's shares rose over 4%, trading around $1,362.50 on the morning of August 1, 2024, reflecting investor optimism about the split's impact.

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