MicroStrategy has aggressively expanded its Bitcoin holdings, becoming one of the largest corporate holders of the cryptocurrency. Here are the facts:
Total Holdings: As of January 27, 2025, MicroStrategy owns approximately 471,107 Bitcoins, representing over 2% of the total Bitcoin supply.
Recent Acquisition: In the week leading up to January 27, 2025, MicroStrategy acquired an additional $1.1 billion worth of Bitcoin, bringing their total investment to around $27.954 billion at an average purchase price of $62,473.01 per Bitcoin.
Funding Strategy: To finance these purchases, MicroStrategy has utilized various capital raising tools, including at-the-market equity offerings and issuing convertible senior notes. They've announced plans to offer perpetual preferred stock with an 8% fixed coupon to continue funding Bitcoin acquisitions.
Market Influence: MicroStrategy's significant Bitcoin buying has been noted to influence Bitcoin's market dynamics, with their acquisitions often correlating with Bitcoin price movements.
These actions underscore MicroStrategy's commitment to Bitcoin as a primary treasury reserve asset, reflecting a bold corporate strategy in the volatile crypto market.
