Co-founder Michael Saylor announced during pre-market hours that MicroStrategy has bought an additional 10,107 BTC at an approximate cost of $1.1 billion. The acquisition, between January 21 and January 26, was at the average price of $105,596 per Bitcoin.
The purchase brings MicroStrategy’s total Bitcoin holdings to a massive 471,107 BTC, continuing on the company’s ambitious cryptocurrency stockpiling course of motion. This comes as Bitcoin falls below the $100,000 mark for the first time since former US President Donald Trump.
MicroStrategy’s Bitcoin Journey Began in 2020
In August 2020 MicroStrategy started its journey to Bitcoin purchase of 21,454 BTC using corporate cash. Since then, the company has begun using innovative financing methods, such as convertible and senior secured notes, to pay for its cryptocurrency acquisition.
In 2024, MicroStrategy announced the ‘21/21 Plan,’ which combines the company’s ability to raise no more than US$21 billion in the same type of common stock.
The sale of more than 2.76 million shares between January 21 and January 26 has partially financed this latest acquisition, which brought in the same $1.1 billion. MicroStrategy also retains the flexibility to issue and sell $4.35 billion number of shares under this plan.
MicroStrategy’s Global Influence on Corporate Bitcoin Adoption
In December 2024, the company also served as further proof of its Bitcoin strategy, by proposing to increase its common stock to 10.33 billion shares, and preferred stock to 1.005 billion shares. The intention is to get this liquidity to be able to capitalize on future opportunities.
The example of MicroStrategy’s Bitcoin centric blueprint has energized similar strategies throughout the world. Tech firm Metaplanet doubled its bitcoin holdings to 1,762 BTC in 2024, boosting its stock price by more than 2,000%.
In fact, only recently, the company announced its plan to Bitcoin holdings to 10,000 BTC by 2025, highlighting first an expanding corporate conviction in crypto as a strategic asset. Michael Saylor and the bold Bitcoin strategy from MicroStrategy is redefining corporate treasury management.
They lead in corporate cryptocurrency adoption, with nearly half a million BTC, inspiring global companies and indicating cryptocurrency’s place in the economy, anchoring countless digital assets and decentralized financial systems into the future.