MicroStrategy's Latest Bitcoin Acquisition

In a bold move to solidify its position as a leader in the cryptocurrency space, MicroStrategy Incorporated, now known as Strategy, has acquired an additional 7,633 Bitcoin. This strategic purchase, amounting to approximately $742.4 million, was made between February 3 and February 9, as disclosed in the company's recent Securities and Exchange Commission (SEC) filing.

Funding the Future

The acquisition was facilitated through the proceeds from the issuance and sale of 516,413 of the company's shares, raising around $179 million, alongside the public offering of its Series A Perpetual Strike Preferred Stock, which garnered approximately $563.4 million. This financial maneuver underscores Strategy's commitment to leveraging Bitcoin as a cornerstone of its treasury strategy.

A Growing Bitcoin Treasury

Following this latest investment, Strategy and its subsidiaries boast an impressive aggregate of about 478,740 Bitcoin. These holdings, acquired for a total purchase price of around $31.1 billion, reflect an average purchase price of approximately $65,033 per Bitcoin, inclusive of fees and expenses. This positions Strategy as a formidable player in the Bitcoin market, further cementing its reputation as the world's first and largest Bitcoin Treasury Company.