MicroStrategy Acquires 2,530 Bitcoin For $243M, Reaching 450,000 BTC In Total Holdings
MicroStrategy Acquires 2,530 Bitcoin For $243M, Reaching 450,000 BTC In Total Holdings - MicroStrategy (NMicroStrategy Incorporated MSTR has expanded its Bitcoin BTC/USD holdings by purchasing an additional 2,530 bitcoins for approximately $243 million, averaging $95,972 per coin, according to an SEC filing. This acquisition was funded through the sale of 710,425 shares of the company’s class A common stock, conducted between January 6 and January 12, 2025, under a previously established Sales Agreement, the filing states. The share sales generated net proceeds of about $243 million. As of Jan.12, approximately $6.53 billion worth of shares remain available for future issuance and sale under this agreement. Also Read: EXCLUSIVE: Bitcoin Tumbling, But Bull Market Top Isn’t In Yet, Experts Say With this latest purchase, MicroStrategy and its subsidiaries now hold a total of approximately 450,000 Bitcoin, acquired at an aggregate cost of around $28.2 billion, which equates to an average purchase price of $62,691 per Bitcoin, inclusive of fees and expenses. The company also reported a BTC Yield of 0.32% for the period from Jan. 1 to Jan. 12, 2025. BTC Yield is a key performance indicator that measures the percentage change in the ratio between MicroStrategy’s Bitcoin holdings and its Assumed Diluted Shares Outstanding over a specific period. MicroStrategy continues to utilize its at-the-market share offering program to fund its bitcoin acquisition strategy, apparently reinforcing its commitment to Bitcoin as a primary treasury reserve asset. Read Next: Bitcoin Slides To $91,000 Ahead Of Upcoming Key Inflation Data Image: Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.