MicroStrategy Makes Another Bitcoin Purchase at $1.1 Billion

Michael Saylor announced today that MicroStrategy paid $1.1 billion to acquire 10,107 Bitcoin, only six days after making a similar purchase. This move reflects a broader trend in the firm’s purchasing strategy. 

The firm used the proceeds from a recent sales agreement to fund its purchase. This latest acquisition drove MicroStrategy’s total Bitcoin holdings to 471,107.

Saylor Moves Forward With Bitcoin Purchase Trend

MicroStrategy founder Michael Saylor continues to make major Bitcoin purchases, which extends the firm’s lead as one of the world’s largest BTC holders. Today, he announced a new acquisition on social media, making it the firm’s fourth BTC purchase of January 2025.

“MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield of 2.90% YTD 2025. As of 1/26/2025, we hold 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin,” Saylor said. 

According to the Form 8-K filed with the SEC, the Bitcoin purchases were made between January 21 and January 26. During that period, MicroStrategy also sold 2,765,157 shares, raising $1.1 billion.

Saylor made steady Bitcoin purchases throughout December 2024. During the first half of the month, Microstrategy made a $2.1 billion purchase. A week later, it carried out another $1.5 billion purchase.

On January 6, Microstrategy bought $101 million in Bitcoin. The purchase reflected a sharp decline from previous multi-billion-dollar acquisitions, raising speculation that Microstrategy would institute a pause in its streak.

However, when Bitcoin hit a new all-time high above $108,000 on January 20, Saylor continued to increase the size of Microstrategy’s acquisitions. As Bitcoin continues to perform well, the company seems set on capitalizing on it. 

MicroStrategy Remains Firm on its BTC-First Strategy

At the beginning of the month, MicroStrategy publicly explored the possibility of a major stock offering to raise capital for further Bitcoin acquisitions. The firm unveiled plans to raise $2 billion through a perpetual preferred stock offering to strengthen its balance sheet.

Funding options for perpetual preferred stock include converting class A common stock, issuing cash dividends, or redeeming shares. This structure offers investors the potential for regular dividend payments without a defined maturity date, presenting a unique approach to capital raising.

Despite today’s acquisition, the company’s stock was also affected by the wider sell-off today, driven by the DeepSeek AI concerns. MSTR is down by nearly 5% today but remains 14% up this month.

Regardless, MicroStrategy is likely to continue expanding its Bitcoin acquisitions throughout the upcoming market cycles. The success of the firm’s stock offerings will also significantly determine the extent of future Bitcoin purchases.