Financial reports and press releases from MicroStrategy

MicroStrategy Acquires 21,550 BTC for $2.1B, Total Holdings Reach 439,002 BTC Worth $40B, Plans to Raise $42B

Dec 22, 2024, 11:30 AM

MicroStrategy has made a substantial investment in Bitcoin, acquiring an additional 21,550 BTC for $2.1 billion, which brings its total holdings to 423,650 BTC valued at approximately $25.6 billion. This recent purchase is part of a broader strategy, as the company plans to raise $42 billion for future acquisitions. In December alone, MicroStrategy has purchased a total of 52,300 BTC worth $5.1 billion, demonstrating a strong commitment to Bitcoin as a treasury asset. The company's aggressive buying strategy has positioned it as a leading institutional player in the cryptocurrency market, surpassing its previous buying activities from 2021. With the latest acquisitions, MicroStrategy now holds 439,002 BTC, valued at over $40 billion, solidifying its status as the largest holder of Bitcoin among publicly traded companies.