MicroStrategy accumulates more bitcoins for ~$1.1B in cash

Jan 27 2025 bitcoin


MicroStrategy ( NASDAQ: MSTR ) acquired around 10,107 bitcoins for ~$1.1B in cash for the period between Jan. 21-26, 2025. The purchases were made using proceeds from the company’s recent stock offering, having an aggregate offering price of up to $21B. As of Jan. 26, ~$4.35B of shares remained available for issuance pursuant to that stock sale deal. As of Jan. 26, the company, together with its subsidiaries, held an aggregate of approximately 471,107 bitcoins, which were acquired at an aggregate purchase price of ~$30.4B. MicroStrategy ( MSTR ) shares were down 5.75% premarket alongside other crypto stocks. More on MicroStrategy MicroStrategy Is Buying Train Cars, Block Is Building Railroads MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade) MicroStrategy: Shares Should Trade At A Premium MicroStrategy faces potential multibillion-dollar tax on unrealized bitcoin gains MicroStrategy to redeem ~$1.05B of outstanding convertible senior notes

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