MicroStrategy Continues to Load the Boat, Buys Another 15,400 BTC

MicroStrategy continues to strengthen its position as one of the largest corporate holders of Bitcoin, with the company announcing a new acquisition of 15,400 BTC.

Tech company MicroStrategy has added another 15,400 Bitcoin to its already massive stash.

The latest crypto purchase was made between November 25 and December 1 and cost the company approximately $1.5 billion, with an average price of $95,976 per unit. This acquisition brings the company’s total Bitcoin holdings to 402,100 BTC, with an estimated value of over $38 billion at current prices.

Since its initial foray into Bitcoin, MicroStrategy has now invested a total of $23.4 billion, including fees and related expenses, at an average price of $58,263 per BTC.

The latest Bitcoin purchase was financed through the sale of 3,728,507 MicroStrategy shares, which raised an amount equivalent to the funds invested in this operation. This method is part of a broader financing strategy aiming to raise up to $42 billion over the next three years through a combination of equity issuance and fixed-income securities. The capital will be used to continue strengthening its Bitcoin position, reinforcing its commitment to the asset as a strategic pillar of its corporate treasury.

},"summary":"Tech company MicroStrategy has added another 15,400 Bitcoin to its already massive stash. The latest crypto purchase was made between November 25 and December 1 and cost the company approximately $1.5 billion, with an average price of $95,976 per unit. This acquisition brings the company’s total Bitcoin holdings to 402,100 BTC, with an estimated value of over $38 billion at current prices. Since its initial foray into Bitcoin, MicroStrategy has now invested a total of $23.4 billion, including fees and related expenses, at an average price of $58,263 per BTC."}