MicroStrategy bought another 2530BTC and increased its holdings for 10 consecutive weeks! Currently, the total amount of coins is 450,000
- Barbara StreisandOriginal
- 2025-03-05 15:33:04646browse
Business intelligence giant MicroStrategy continues to be optimistic about Bitcoin and has increased its holdings for ten consecutive weeks. The company's latest filings with the U.S. Securities and Exchange Commission (SEC) show that between January 6 and 12, MicroStrategy purchased 2,530 bitcoins at an average price of $95,972 per coin, with a total investment of $243 million. The funds came from the proceeds of the sale of the company's shares during the same period.
As of January 12, MicroStrategy still held approximately $6.53 billion in for saleable shares as part of its $42 billion three-year financing plan. The plan aims to provide financial support for the continued increase in Bitcoin in the future.
Active financing to attract institutional investors
MicroStrategy recently announced the issuance of $2 billion in preferred shares, a move aimed at attracting more institutional investors, such as insurance companies, pension funds and banks, and further expanding its financing strategy. Analyst Mark Palmer believes that this strategy will effectively open the door to institutional funding.
Currently, MicroStrategy's Bitcoin holdings have exceeded 450,000, accounting for about 2.1% of the total supply of Bitcoin and a total value of more than US$40 billion. The average purchase cost of the company is about US$62,691 per coin, with a total cost of approximately US$28.2 billion (including handling fees).
Continuously increase holdings, attracting market attention
MicroStrategy's ten consecutive weeks of holdings increase have attracted much attention from the market. In the previous weeks, the company also invested more than $100 million and $200 million in buying Bitcoin. More than $1.8 billion has been invested in Bitcoin purchases over the past ten weeks. However, the company's stock market value is higher than the net asset value of Bitcoin (NAV) and its continued reliance on selling stocks and issuing bonds to buy Bitcoin have raised concerns among some investors.
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