MicroStrategy Invests $1.1B in Bitcoin and Increases Holdings to Over 471,000 Coins

MicroStrategy has purchased 10,107 Bitcoin for approximately $1.1 billion, increasing its total holdings to 471,107 Bitcoin. 

The acquisition, disclosed by founder and chairman Michael Saylor on January 27th, reinforces the company’s position as the largest corporate Bitcoin holder.

This purchase marks the 12th consecutive week of Bitcoin accumulation by MicroStrategy. 

The company’s Bitcoin strategy began in August 2020 with an initial purchase of 21,454 Bitcoin funded by corporate cash. 

Over time, it has employed various financing methods, including convertible and senior secured notes, to fund its acquisitions.

In October 2024, MicroStrategy launched the "21/21 plan," allowing the issuance and sale of up to $21 billion in class A common stock. 

The latest purchase was financed through this plan, with more than 2.76 million shares sold between January 21st and January 26th, raising approximately $1.1 billion. About $4.35 billion worth of shares remain available for future issuance.

In December 2024, the company proposed increasing its authorized shares, aiming to expand common stock to 10.33 billion shares and preferred stock to 1.005 billion shares, providing additional flexibility for raising capital.

MicroStrategy’s strategy has influenced other companies. In Japan, Metaplanet ended 2024 with 1,762 Bitcoin and plans to increase its holdings to 10,000 Bitcoin in 2025, a proposed 467% rise. 

Similarly, Nasdaq-listed Fathom Holdings announced plans to allocate up to $500,000 toward Bitcoin and Bitcoin exchange-traded funds to diversify its balance sheet.