Key Takeaways
- MicroStrategy purchased 10,107 Bitcoin, totaling 471,107 BTC.
- The corporate launched a 2.5M most well-liked inventory providing (STRK).
- MicroStrategy’s common Bitcoin buy worth is $64,511.
MicroStrategy has added 10,107 Bitcoin (BTC) to its rising holdings, marking the twelfth consecutive week of accumulation.
The most recent buy brings the corporate’s whole Bitcoin holdings to 471,107 BTC, Government Chairman Michael Saylor confirmed on January 27 by way of a submit on X.
The agency bought the Bitcoin at a mean worth of $105,596, elevating MicroStrategy’s total common buy worth to $64,511 per BTC.
Saylor, identified for his bullish stance on Bitcoin, hinted on the information with a submit on January 21 stating:
Don’t cease enthusiastic about tomorrow.
New most well-liked inventory providing
To fund its ongoing Bitcoin acquisition technique, MicroStrategy has introduced a most well-liked share providing of two.5 million shares of Sequence A Perpetual Most popular Inventory (STRK).
Every STRK share carries an 8% cumulative dividend and an preliminary $100 liquidation choice.
The inventory is convertible into one-tenth of a Class A standard share at a $1,000 conversion worth.
Company actions
This comes shortly after MicroStrategy shareholders authorized a rise in licensed Class A standard shares to 10.3 billion from 330 million.
The agency additionally filed a combined securities registration, permitting it to supply debt securities, most well-liked inventory, warrants, and different devices.
Strategic place
MicroStrategy continues to solidify its place as one of many largest company holders of Bitcoin, reaffirming its dedication to Bitcoin as a major reserve asset.