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MicroStrategy Expands Bitcoin Holdings to 471,100 BTC Worth $46 Billion

MicroStrategy Expands Bitcoin Holdings to 471,100 BTC Worth $46 Billion

MicroStrategy has once again solidified its position as the largest corporate holder of Bitcoin, announcing the acquisition of an additional 10,100 BTC for $1.1 billion. The latest purchase, made at an average price of $105,596 per Bitcoin, occurred just before a market correction saw Bitcoin's price dip 6% below $100,000.

This purchase comes on the heels of the firms acquisition of 11,000 BTC just days earlier, which brought its total holdings to 461,000 BTC at an average cost of $63,610 per Bitcoin. With the latest transaction, MicroStrategy now holds an estimated 471,100 BTC, valued at approximately $46 billion based on current market prices.

Related: Why Hundreds of Companies Will Buy Bitcoin in 2025

Funding the Bitcoin Stash

MicroStrategy financed these recent acquisitions through stock sales. The company successfully generated $1.1 billion by leveraging its shareholder-approved increase in authorized Class A common shares, expanding from 330 million to an unprecedented 10.3 billion shares. This decision, reported by Bloomberg, underscores the companys aggressive commitment to its Bitcoin-focused treasury strategy.

A Bold Vision for Bitcoin

Michael Saylor, MicroStrategys co-founder and outspoken Bitcoin advocate, teased the latest purchase on social media, reiterating the firms unwavering dedication to Bitcoin as a treasury asset. This move aligns with the broader narrative of Bitcoin adoption in the U.S., where recent developments, including President Trumps call for a national digital asset stockpile, have fueled interest in Bitcoins role as a strategic reserve asset.

Related: Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

A Remarkable Streak

This latest purchase extends MicroStrategys buying streak to 12 consecutive weeks, cementing the companys reputation as a relentless accumulator of Bitcoin. Despite market volatility and skepticism from traditional investors, MicroStrategys strategy has been clear: to double down on Bitcoin, positioning it as the centerpiece of its corporate treasury.

MicroStrategy's continued accumulation reflects not only the companys confidence in Bitcoins long-term value but also a potential paradigm shift in corporate treasury management as more firms begin to explore Bitcoin as a hedge against inflation and economic uncertainty.

Read more: https://bitcoinmagazine.com/business/microstrategy-expands-bitcoin-holdings-to-471100-btc-worth-46-billion

Text source: Bitcoin Magazine: Bitcoin News, Articles, Charts,

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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