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MicroStrategy Raises Billions and Expands Bitcoin Reserves with New Acquisitions
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THE MicroStrategyknown for being one of the largest corporate holders of Bitcoin, announced the purchase of more 1,070 BTC between December 30th and 31st, 2024.
The investment, valued at approximately US$101 millionoccurred at an average price of $94,004 per Bitcoinaccording to an 8-K document filed with the United States Securities and Exchange Commission (SEC) last Monday.
With this new acquisition, the company now has 447,470 BTCvalued at more than US$44 billion. The total cost of purchases made by the company, including fees and expenses, amounts to US$27.97 billion. The average price is $62,503 per Bitcoinaccording to information shared by Michael Saylor, co-founder and executive chairman of MicroStrategy.
As a result, the company holds around 2.1% of the total supply of 21 million BTC.
MicroStrategy buys Bitcoin again
The recent acquisition was financed from the sale of 319,586 shares of the company, which raised approximately US$101 million in the same period. There are still US$6.77 billion in shares available for sale as part of a broader plan.
The plan includes the issuance of US$21 billion in shares and US$21 billion in debt securitiesaiming to raise a total of US$42 billion for future Bitcoin acquisitions. Furthermore, the company announced last week the possibility of an additional issuance of $2 billion in preferred shares.
MicroStrategy’s aggressive strategy continues to attract attention. In the last nine months, the company acquired more than $18 billion in Bitcoin. Meanwhile, its shares have risen by 431% in the last yearclosing the US$339.66 on Friday, according to data from TradingView.
Bernstein analysts estimate that Bitcoin adoption by corporate treasuries will continue to grow in 2025, with flows of more than US$50 billionsurpassing the US$ 24 billion registered in 2024.
MicroStrategy, responsible for approximately 90% of corporate purchases in 2024should remain at the forefront of this movement, accompanied by Bitcoin miners expanding their capital plans and other medium-sized companies seeking to replicate Michael Saylor’s model.
Another highlight of the Bernstein report is the metric called “Bitcoin Yield”used by MicroStrategy to measure the growth of its Bitcoin holdings relative to share dilution. In 2024, the company’s Bitcoin Yield was 74.3%reflecting the significant expansion of its reserves.
MicroStrategy Raises Billions and Expands Bitcoin Reserves with New Acquisitions
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MicroStrategy Raises Billions and Expands Bitcoin Reserves with New Acquisitions
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MicroStrategy Raises Billions and Expands Bitcoin Reserves with New Acquisitions
