### Update on MicroStrategy's Bitcoin Acquisitions
**Recent Acquisition**: Michael Saylor, CEO of MicroStrategy, announced the acquisition of an additional 11,000 BTC for approximately $1.1 billion, translating to about $101,191 per Bitcoin. This brings MicroStrategy’s total Bitcoin holdings to 461,000 BTC, which were acquired for an average price of $63,610 per Bitcoin. The company has achieved a BTC yield of 1.69% year-to-date as of January 20, 2025.
**Shareholder Approval**: In a significant move, MicroStrategy's shareholders have approved a substantial increase in the company's shares from 330 million to 10.3 billion, with a 55.8% approval rate. This decision paves the way for further Bitcoin acquisitions, enhancing MicroStrategy's position in the cryptocurrency market.
These developments underscore MicroStrategy's ongoing commitment to Bitcoin as a key asset in its corporate strategy. The company's aggressive acquisition strategy continues to attract attention and demonstrates confidence in the long-term value of cryptocurrencies.
