#MicroStrategyAcquiresBTC MicroStrategy, a prominent business intelligence firm, has been actively acquiring Bitcoin as a key component of its corporate strategy. As of January 6, 2025, the company holds approximately 447,470 bitcoins, valued at around $45 billion, with Bitcoin's price exceeding $101,000.
In late December 2024, MicroStrategy purchased an additional 1,070 bitcoins for $101 million, further solidifying its position as the largest corporate holder of Bitcoin. To support its acquisition strategy, the company announced plans to raise up to $2 billion over the next three years through the issuance of perpetual preferred stock, with the first offering expected in the first quarter of 2025.
Despite experiencing some stock price volatility due to concerns about leverage and the sustainability of their strategy, MicroStrategy's shares have increased by more than 470% over the past year. This aggressive investment approach underscores the company's commitment to Bitcoin as a core component of its financial strategy.
As of January 29, 2025, MicroStrategy's stock (MSTR) is trading at $341.25, reflecting a slight increase of 0.01572% from the previous close. Bitcoin (BTC) is currently priced at $104,180, with a 3.01% increase from the previous close.
The hashtag #MicroStrategyAcquiresBTC has gained traction on social media platforms, highlighting the company's ongoing Bitcoin acquisition strategy and its significant impact on the cryptocurrency market.