Year-start buying spree! MicroStrategy bought 13,000 Bitcoins in January, reaching a new high since July last year

MicroStrategy, the publicly traded company holding the most Bitcoin globally, has once again made a move, with weekly purchases reaching a new high since July last year. According to documents filed with the U.S. Securities and Exchange Commission, the company spent approximately $1.25 billion to buy 13,627 Bitcoins in mid-January at an average price of $91,519 per Bitcoin, demonstrating its firm commitment to digital assets.

$1.25 Billion Weekly Purchase, Average Cost Approaching $92,000

The scale of this purchase is noteworthy because it breaks the record set for additional acquisitions since July last year. In just one week, MicroStrategy completed the transaction at an average price of $91,519, showcasing a strong strategic position in the current market environment. This transaction not only reflects the company’s confidence in the long-term value of Bitcoin but also highlights its proactive stance in crypto asset allocation.

Total Holdings Reach 687,410 Bitcoins, Unrealized Gains Exceed $10 Billion

As of now, MicroStrategy’s Bitcoin holdings have reached 687,410 coins, with a total value of approximately $62.3 billion. Since launching its Bitcoin investment plan in 2020, the company has invested a total of about $51.8 billion, with an average cost of $75,353 per Bitcoin. Based on the latest market prices, the company’s unrealized gains have already exceeded $10.5 billion. The holdings account for about 3.27% of the total Bitcoin supply, making it one of the largest institutional Bitcoin holders in the world.

Continuous Funding Through Stock Issuance to Boost Purchase Power

The funds for this purchase mainly came from two sources. On one hand, MicroStrategy sold approximately 6.82 million shares of common stock (MSTR), raising $1.13 billion; on the other hand, it raised about $119 million through the issuance of perpetual preferred stock (STRC). Despite frequent equity financings, the company’s fundraising capacity remains strong. As of January 11, it still has an issuance capacity of $10.26 billion in MSTR stock and $3.92 billion in STRC.

Raising $84 Billion by 2027, Accelerating Bitcoin Strategy

MicroStrategy’s ambitious plan is reflected in its “42/42” financing strategy. The company has issued four types of perpetual preferred stocks—STRK, STRC, STRF, and STRD—with respective scales of $21 billion, $4.2 billion, $2.1 billion, and $4.2 billion. These financing instruments are all incorporated into the plan framework. The company’s goal is to raise a total of $84 billion through stock and convertible bond issuances by 2027 to fund Bitcoin purchases. This accelerated progress not only demonstrates MicroStrategy’s optimism about Bitcoin’s future prospects but also indicates a further deepening of global institutional allocations to digital assets.