MicroStrategy Buys Another 1,070 Bitcoin For $101 Million

Michael
Saylor’s
MicroStrategy
added
another
1,070
Bitcoin
to
its
holdings,
spending
around
$101
million
at
an
average
price
of
a
little
over
$94k
per
BTC.

The
purchases
by
the
business
intelligence
company
and
the
biggest
corporate
owner
of
BTC
were
made
between
December
30
and
31,
was
disclosed
in
an

8-K
filing
with
the
Securities
and
Exchange
Commission
on
Monday.

MicroStrategy
has
acquired
1,070
BTC
for
~$101
million
at
~$94,004
per
bitcoin
and
has
achieved
BTC
Yield
of
48.0%
in
Q4
2024
and
74.3%
in
FY
2024.
As
of
01/05/2025,
we
hodl
447,470

$BTC
acquired
for
~$27.97
billion
at
~$62,503
per
bitcoin.

$MSTR

https://t.co/CkLrLSkB5M

—
Michael
Saylor⚡️
(@saylor)

January
6,
2025

The
acquisition
followed
closely
after
the
sale
of
additional
319,586
MicroStrategy
shares,
which
occurred
at
the
same
time
and
brought
the
same
amount.
The
firm
reported
that
around
$6.77
billion
worth
of
shares
stayed
available
for
sale
as
of
January
5.

This
is
part
of
the
company’s
proposed
$21
billion
equity
offering
and
$21
billion
in
fixed-income
securities
funding,
aiming
for
a
total
of
$42
billion
for
additional
Bitcoin
purchases.
Last
week,
MicroStrategy
expanded

its
21/21
plan,
revealing
a
possible
$2
billion
preferred
stock
offering.

Currently
owning
447,470
Bitcoin,
worth
over
$44
billion,
MicroStrategy
is
the
largest
corporate
holder
of
BTC.
To
provide
context,
MicroStrategy
currently
holds
approximately
2.1%
of
Bitcoin’s
total
21
million
supply.

The
firm
acquired
Bitcoin
at
an
average
price
of
$62,503
per
Bitcoin,
resulting
in
a
total
investment
of
approximately
$27.97
billion.
Michael
Saylor,
MicroStrategy’s
co-founder
and
executive
chairman,
marked
Bitcoin’s
recent
$100,000
milestone
with
a
festive
celebration
at
his
Miami
home
on
New
Year’s
Eve.

MicroStrategy’s
last
statement
marks
the
ninth
consecutive
week
it
bought
Bitcoin.
Last
Monday,
the
firm
added
another
2,138
BTC
for
approximately
$209
million
in
cash.
The
average
estimated
price
per
coin,
including
fees
and
expenses,
was
$97,837.
Additionally,
the
week
before,
MicroStrategy
acquired
$561
million
worth
of
Bitcoin.

In
just
the
past
nine
weeks,
the
firm
accumulated
over
$18
billion
in
Bitcoin,
with
its
$83
billion
billion
market
cap
trading
at
a
substantial
premium
to
its
Bitcoin
net
asset
value.
However,
some
investors
are
cautious
about
the
company’s
premium
to
NAV
valuation
and
its
approach
to
acquiring
Bitcoin
through
equity
and
debt
funding.

Bernstein
Sees
More
Corporate
Treasury
Growth
This
Year

Analysts
at
Bernstein
predict
continued
growth
in
the
company’s
corporate
treasury
adoption
in
2025.
They
also
expect
inflows
exceeding
$50
billion
this
year,
compared
to
$24
billion
in
the
previous
year.

According
to
the
analysts,
MicroStrategy,
which
represented
around
90%
of
corporate
acquisitions
in
2024,
is
expected
to
continue
driving
demand.
Additionally,
Bitcoin
miners
are
scaling
up
their
capital
plans,
while
small
and
mid-cap
corporates
are
looking
to
follow
Michael
Saylor’s
approach.

“Given
MicroStrategy’s
4
year
track
record
and
its
rising
profile
(including
Nasdaq
100
inclusion),
we
expect
capital
markets
flywheel
to
further
accelerate,”
Bernstein
digital
assets
lead
Gautam
Chhugani
said
to
clients
on
Monday.

MicroStrategy
uses
a
key
performance
indicator
known
as
“Bitcoin
Yield”
to
assess
the
percentage
change
in
its
Bitcoin
holdings
relative
to
its
diluted
shares.
In
2024,
MicroStrategy’s
Bitcoin
Yield
reached
74.3%.
This
indicates
substantial
growth
in
holdings
that
manage
share
dilution
as
part
of
their
strategy
to
acquire
Bitcoin
and
enhance
shareholder
value.

On
Friday,
MicroStrategy
shares
closed
13.2%
higher
at
$339.66,
marking
a
gain
of
over
431%
during
the
past
year,
according
to
TradingView.
Additionally,
the
stock
rose
by
3.7%
in
pre-market
trading
on
Monday.

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