MicroStrategy Increases Bitcoin Holdings to Over $41 Billion

The company purchased 21,550 bitcoins for $2.1 billion, funded by stock sales, but faces scrutiny over its aggressive strategy.

MicroStrategy acquired 21,550 bitcoins last week at an average price of $98,783 per token, bringing its total holdings to 423,650 BTC, valued at around $41.5 billion.
The purchase was funded through a $2.13 billion share sale, part of a larger $42 billion plan to raise capital via equity and convertible debt offerings over three years.
The company’s reliance on Bitcoin as a primary asset has made its stock one of the most volatile in the U.S. market, with a 525% surge in value this year.
Critics warn of significant risks tied to MicroStrategy’s leveraged position in Bitcoin, particularly if the cryptocurrency’s price declines or market conditions shift.
MicroStrategy now controls over 2% of all bitcoin in existence, further cementing its position as a major corporate player in the cryptocurrency market.