MicroStrategy Buys $101M in Bitcoin, Surpasses 447K BTC Holdings

• MicroStrategy deepens its Bitcoin commitment, adding $101M in BTC and aiming for a $42B investment in the cryptocurrency.
• The 21/21 Plan underscores MicroStrategy’s bold strategy, targeting $21B equity and fixed-income capital for Bitcoin acquisitions.
• Bitcoin’s historic rise in 2024 to six figures solidifies its role as a key institutional asset, driving bullish momentum into 2025.

MicroStrategy strengthens its Bitcoin acquisition strategy by increasing its investment by $101 million. With the purchase of 1,070 BTC, its growing portfolio now totals an astounding 447,470 BTC. The company sold 319,586 shares to finance the transaction, further leveraging its equity to secure its cryptocurrency position.

A Historic Year for Bitcoin and Crypto Markets

Bitcoin’s trajectory in 2024 reached six-figure valuations for the first time and became the foundation for the first-ever crypto-based ETF. This breakthrough elevated its status as a leading digital asset and reinforced institutional interest. Consequently, optimism has surged, with predictions like Ripple CEO Brad Garlinghouse’s “Trump Bull Market” setting a bullish tone for 2025.

MicroStrategy’s consistent purchases highlight its faith in Bitcoin’s long-term value. The firm’s aggressive approach has been evident since October 31, when it launched its “21/21 Plan.” This initiative aims to raise $21 billion through equity and another $21 billion via fixed-income instruments within three years. As part of this strategy, the company has already acquired 195,250 BTC, representing 45% of its target.

Expanding Capital to Fuel Growth

MicroStrategy’s recent SEC filing reveals plans to increase its authorized Class A common stock from 330 million to over 10 billion shares. Additionally, it seeks to boost preferred stock capacity to over 1 billion shares, enhancing its financial flexibility. This move supports its $2 billion perpetual preferred stock offering to fund Bitcoin acquisitions and strengthen its balance sheet.

The company’s capital-raising efforts signify a commitment to Bitcoin. Moreover, with $42 billion still allocated for additional purchases, MicroStrategy remains steadfast in its belief in the cryptocurrency’s potential.