MicroStrategy Acquires 2,530 Bitcoin For $243M, Reaching 450,000 BTC In Total Holdings
Posted On January 13, 2025
MicroStrategy Incorporated (NASDAQ:MSTR) has expanded its Bitcoin (CRYPTO: BTC) 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 …
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