Bitcoin Giant MicroStrategy Purchased Another 10,107 BTC For $1.1B

Michael
Saylor’s
MicroStrategy
finalized
its
twelfth
Bitcoin
purchase
in
12
weeks,
securing
10,107
BTC
for
$1.1
billion.
The
largest
corporate
holder
of
Bitcoin
now
possesses
471,107
BTC.

Michael
Saylor’s
MicroStrategy
Reaches
471,107
BTC 

MicroStrategy
revealed
in
a


press
release

that
it
purchased
10,107
BTC
for
$1.1
billion
at
an
average
price
of
$105,596
per
Bitcoin,
achieving
a
year-to-date
(YTD)
BTC
yield
of
2.90%.
With
this
latest
purchase,
MicroStrategy
now
holds
471,107
Bitcoin,
according
to
Michael
Saylor’s
latest
tweet.

The
acquisition
followed
last
week’s
purchase
of
11,000
BTC
for
$1.1
billion,
marking
the
twelfth
consecutive
week
MicroStrategy
bought
Bitcoin.
So
far,
the
software
company
has
acquired
Bitcoin
for
$30.4
billion
at
an
average
price
of
$64,511
per
Bitcoin.

The
MSTR
stock
price
did
not
respond
positively
to
the
recent
Bitcoin
purchase.
According
to
Nasdaq
data,
the
stock
is
down
more
than
4%
in
pre-market
trading.

However,
this
decline
is
connected
to
the
overall
bearish
sentiment
in
the
crypto
market.
The
DeepSeek
concerns
have
caused
a
decline
in
stocks
like
MARA,
COIN,
and
MSTR.
This
drop
is
happening
alongside
the
broader
crypto
market
downturn,
as
investors
react
to
the
uncertainty
surrounding
China’s
DeepSeek.

MicroStrategy
To
Acquire
More
Bitcoin

The
company
plans
to
acquire
more
Bitcoin
in
the
future,
following
a
recent
shareholder
vote
to
increase
share
capital
to
support
its
Bitcoin
strategy.

This
is
part
of
the
company’s

“21/21”
plan
that
aims
to
raise
$42
billion
for
additional
Bitcoin
purchases.
The
company
plans
to
secure
$21
billion
in
equity
capital
and
$21
billion
in
fixed-income
securities.

Recently,
MicroStrategy
has
filed
to
raise
funds
through
mixed
securities
to
buy
more
Bitcoin
and
support
its
business
activities.
The
company
also
announced
its
proposed
stock
offering.

The
company
plans
to
use
the
net
proceeds
from
the
public
offering
for
general
purposes,
including
buying
Bitcoin
and
supporting
working
capital.

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