MicroStrategy Expands Bitcoin Portfolio by 2,138 BTC

user avatar

by Giorgi Kostiuk

2 years ago

MicroStrategy, the largest corporate holder of Bitcoin, continues to expand its reserves, investing $209 million to purchase an additional 2,138 BTC. This acquisition increases the company's total holdings to 446,400 BTC, valued at $41.8 billion.

New Bitcoin Purchase

MicroStrategy acquired bitcoins at an average price of $97,837 per coin between December 23 and December 29, 2024. This is part of the company's ongoing policy to strengthen its digital assets.

Financing and Shares

To finance this purchase, MicroStrategy sold 592,987 shares, generating about $209 million. The company plans further share sales as part of its $21 billion offering.

MicroStrategy's Strategic Plans

After achieving the $42 billion Bitcoin investment target, the company plans to reassess its capital allocation plan. MicroStrategy also announced plans to hold a special meeting to vote on proposals to enhance Bitcoin acquisition strategy by increasing authorized shares.

Strategic Bitcoin accumulation has become a significant part of MicroStrategy's financial strategy, attracting interest from investors and analysts, particularly given the company's stock volatility.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Expected to Hit Bottom Today, October 5, 2026

Bitcoin is trading around 86,100, with predictions suggesting it is at the bottom on October 5, 2026.

user avatarRajesh Kumar

Bitcoin Hits Predicted All-Time High on October 6, 2025

On October 6, 2025, Bitcoin reached an all-time high of 126,198.07, fulfilling a bold prediction made by a 4chan user based on numerological patterns.

user avatarGustavo Mendoza

FinCEN Withdraws Controversial Crypto Surveillance Proposals

FinCEN has withdrawn its proposals targeting unhosted wallets and crypto mixers after pushback from industry stakeholders and privacy advocates.

user avatarMiguel Rodriguez

Justin Sun Prize Awards New Recipients for Contributions to Erdős Problems

The Office of Justin Sun has announced the newest recipients of the Justin Sun Prize, recognizing independent researcher Wouter van Doorn, mathematics PhD student Quanyu Tang, and mathematics researcher Yanyang Li for their contributions to solving Erdős problems.

user avatarLuis Flores

Greek Servicemen Among Suspects in Cryptocurrency Pyramid Scheme

Two Greek servicemen are implicated in a cryptocurrency pyramid scheme that defrauded approximately 10,000 investors out of 8 million euros.

user avatarArif Mukhtar

MEXC and Payward Explore Collaboration at TOKEN2049

MEXC and Payward are exploring a collaboration to enhance user experience in digital asset trading.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.