#MicroStrategyAcquiresBTC MicroStrategy, under the leadership of CEO Michael Saylor, continues to increase its investment in Bitcoin. On January 26, 2025, the company acquired an additional 10,107 BTC for a total value of approximately $1.1 billion, at an average price of $105,596 per Bitcoin. With this purchase, MicroStrategy's total holdings reached 471,107 BTC, acquired for a total investment of approximately $30.4 billion and an average price of $64,511 per Bitcoin.
To fund this latest acquisition, MicroStrategy sold approximately 2.76 million shares, raising $1.1 billion. The company has also received shareholder approval to increase its outstanding Class A common stock to 10.3 billion and preferred stock to 1 billion. In addition, they announced an offering of 2.5 million shares of Series A Perpetual Strike Preferred Stock.
MicroStrategy's aggressive strategy in acquiring Bitcoin has attracted the attention of traditionally conservative institutional investors, such as insurance companies and mutual funds. They have purchased $6.2 billion worth of convertible bonds from MicroStrategy, the largest amount issued by a single company in a year.
