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The Coin Rise 2025-01-06 22:20:22

MicroStrategy Adds 1,070 BTC, Boosting Stash to 447,470 Bitcoin

MicroStrategy, a business intelligence firm known for its aggressive Bitcoin (BTC) acquisition has made another significant move. The company revealed it had acquired 1,070 BTC worth $101 million between December 30 and 31. MicroStrategy continues to solidify its position as a leader in corporate Bitcoin adoption. MicroStrategy’s Calculated Approach to Growth With this move, MicroStrategy now owns 447,470 Bitcoin, worth over $44 billion. This bold strategy has led the company to invest nearly $28 billion into Bitcoin so far. To fund these purchases, MicroStrategy has been selling its own shares. This was disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). Between December 30 and 31, the company had sold 319,586 shares. It is raising $42 billion through equity and fixed-income offerings to expand its Bitcoin holdings further. This latest acquisition follows a strong buying spree. Last week, MicroStrategy bought 2,138 BTC for $209 million , after spending $561 million the week before. Over the past nine weeks, the company has spent more than $18 billion on Bitcoin, showing its strong commitment to the cryptocurrency. MicroStrategy’s $44B Bitcoin Power Play As of January 5, MicroStrategy has spent $27.97 billion on Bitcoin, with an average price of $62,503 per coin. Thanks to the recent rise in Bitcoin’s value, its holdings are now worth $44 billion. The company owns about 2.1% of Bitcoin’s total 21 million supply, giving it a strong position in the volatile crypto market. MicroStrategy uses a unique metric called “Bitcoin Yield” to track the growth of its Bitcoin holdings compared to its diluted shares. In 2024, the company reported a Bitcoin Yield of 74.3%. This shows its ability to grow its Bitcoin holdings efficiently while limiting the impact on shareholders. The strategy aims to create value for both the company and its investors. MicroStrategy to Lead the Corporate Bitcoin Revolution MicroStrategy’s stock has jumped 431% over the past year, including a 13.2% gain last Friday. This has made its market cap much higher than the value of its Bitcoin holdings, causing some concern among investors. However, Bernstein analysts predict corporate Bitcoin adoption will grow, with over $50 billion expected to flow into the market by 2025. MicroStrategy is likely to remain a leader, followed by Bitcoin miners and mid-sized companies inspired by Michael Saylor. Last year, the company made 90% of all corporate Bitcoin purchases and is expected to keep its dominance. Analysts see its strategy as a model for others, strengthened by its inclusion in the Nasdaq 100. The post MicroStrategy Adds 1,070 BTC, Boosting Stash to 447,470 Bitcoin appeared first on TheCoinrise.com .

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