Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
Coinpaprika 2025-01-27 13:07:18

MicroStrategy Boosts Bitcoin Holdings with $1.1B Purchase

MicroStrategy Boosts Bitcoin Holdings with $1.1B Purchase

MicroStrategy has bolstered its Bitcoin holdings with the purchase of 10,107 BTC for $1.1 billion, averaging $105,596 per coin. This acquisition, made between January 21 and 26, represents the company’s twelfth consecutive week of Bitcoin purchases. The Virginia-based firm now holds 471,107 Bitcoin , valued at approximately $46.7 billion at current market prices. The company has invested around $30 billion in Bitcoin, with an average cost of $64,500 per coin. The recent acquisition was financed through stock sales. According to an SEC filing, MicroStrategy sold 2,765,157 shares during the same period, raising $1.1 billion in net proceeds. The company retains $4.35 billion in available shares under its sales agreement as of January 26, providing further financial flexibility for its Bitcoin strategy. Shareholder approval has played a critical role in supporting this aggressive Bitcoin treasury strategy. Recently, shareholders approved an increase in authorized Class A common shares from 330 million to 10.3 billion and preferred stock from 5 million to 1 billion, securing 56% of votes in favor . This move aligns with the company’s goal of raising $42 billion by 2027 for additional Bitcoin acquisitions. MicroStrategy’s Bitcoin yield, which measures Bitcoin representation per share, has reached 2.9% year-to-date . However, the company’s shares experienced a decline of about 5% at market close last Friday, according to Yahoo Finance. The firm’s commitment to Bitcoin remains unwavering as it continues to expand its holdings, leveraging shareholder support and stock sales to solidify its position as a key player in the digital asset space.

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
791
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.