MicroStrategy Expands Bitcoin Holdings to 450,000 BTC After $243M Purchase
The company completes its 10th consecutive weekly Bitcoin acquisition, now controlling over 2% of the cryptocurrency's total supply.
- MicroStrategy purchased 2,530 Bitcoin for $243 million between January 6 and January 12, 2025, at an average price of $95,972 per Bitcoin.
- The company now holds 450,000 Bitcoin, acquired at an average price of $62,691 per Bitcoin, with a total investment of approximately $28.2 billion.
- MicroStrategy plans to raise $2 billion through perpetual preferred stock offerings to fund further Bitcoin acquisitions.
- The firm has already surpassed two-thirds of its $42 billion equity-raising goal announced in late 2024, with plans to extend its capital-raising efforts through 2027.
- MicroStrategy's aggressive Bitcoin strategy has inspired other companies, such as Heritage Distilling, to consider adopting Bitcoin treasury policies.