MicroStrategy Expands Bitcoin Holdings to 471,100 BTC Worth $46 Billion

MicroStrategy Expands Bitcoin Holdings to 471,100 BTC Worth $46 Billion



MicroStrategy has reinforced its status as the largest corporate Bitcoin holder, revealing the purchase of an additional 10,100 BTC for $1.1 billion. This acquisition, made at an average price of $105,596 per Bitcoin, took place shortly before Bitcoin experienced a price drop of 6% below $100,000.

This acquisition follows closely behind the firm’s purchase of 11,000 BTC a few days prior, increasing its total holdings to 461,000 BTC at an average cost of $63,610 per Bitcoin. Following this latest transaction, MicroStrategy’s holdings now stand at around 471,100 BTC, valued at approximately $46 billion based on current market conditions.

Related: Why Hundreds of Companies Will Buy Bitcoin in 2025

Funding the Bitcoin Portfolio

MicroStrategy funded these new acquisitions through stock sales, raising $1.1 billion by utilizing a shareholder-approved increase in its authorized Class A common shares, expanding from 330 million to an impressive 10.3 billion shares. This decision, as reported by Bloomberg, highlights the companyโ€™s aggressive commitment to its Bitcoin-centric treasury strategy.

A Bold Commitment to Bitcoin

Michael Saylor, co-founder of MicroStrategy and a prominent Bitcoin advocate, hinted at the latest acquisition on social media, emphasizing the firm’s steadfast dedication to holding Bitcoin as a treasury asset. This aligns with the broader trend of Bitcoin adoption in the U.S., further fueled by recent initiatives like President Trumpโ€™s proposal for a national โ€˜digital asset stockpile,โ€™ enhancing interest in Bitcoin as a strategic reserve asset.

Related: Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

A Remarkable Buying Momentum

This recent acquisition marks the extension of MicroStrategy’s buying streak to 12 consecutive weeks, solidifying the companyโ€™s reputation as a persistent purchaser of Bitcoin. Despite the volatility of the market and doubts from traditional investors, MicroStrategyโ€™s strategy remains consistent: to invest heavily in Bitcoin, making it the focal point of its corporate treasury.

MicroStrategy’s ongoing accumulation highlights the companyโ€™s belief in Bitcoinโ€™s long-term worth, possibly indicating a significant shift in corporate treasury management as more companies look to Bitcoin as a hedge against inflation and economic instability.



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Source: USD @ Fri, 31 Jan.