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Crypto News - Posted on 02 February 2025 Reading time 5 minutes
MicroStrategy Acquires Another USD 1.1 Billion in Bitcoin, Total Holdings Reach 471,107 BTC
MicroStrategy, one of the world's largest Bitcoin holders, has once again expanded its portfolio by purchasing USD 1.1 billion worth of Bitcoin. This latest acquisition adds 10,107 BTC to its holdings just six days after a similar purchase. With this addition, MicroStrategy's total Bitcoin holdings now stand at 471,107 BTC.
Michael Saylor, the company's founder, revealed that the purchase was funded through the sale of 2.765 million shares, generating USD 1.1 billion. According to the Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC), the Bitcoin acquisition took place between January 21 and 26, 2025, at an average price of approximately USD 105,596 per BTC.
This move further solidifies MicroStrategy’s position as a leader in Bitcoin accumulation. Previously, in December 2024, the company made significant purchases worth USD 2.1 billion and USD 1.5 billion in two separate transactions.
In early January 2025, MicroStrategy briefly slowed its acquisitions with a USD 101 million Bitcoin purchase, sparking speculation that it might be scaling back its aggressive buying strategy. However, after Bitcoin surged past USD 108,000 on January 20, Saylor resumed large-scale purchases.
Beyond acquiring Bitcoin, MicroStrategy is also exploring additional funding options, including a proposed USD 2 billion issuance of perpetual preferred stock. This structure aims to strengthen the company’s balance sheet while providing regular dividends to investors without a fixed maturity date.
Although MicroStrategy's stock (MSTR) briefly dropped nearly 5% due to concerns over DeepSeek AI, it still recorded a 14% gain throughout January. With its unwavering focus on Bitcoin, the success of its stock financing strategy will play a crucial role in determining the scale of its future Bitcoin acquisitions.
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Source: ajaib.co.id
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