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MicroStrategy Adds 11K Bitcoins for $1.1B Before Shareholder Vote

MicroStrategy adds 11,000 Bitcoins for $1.1 billion ahead of a key shareholder vote

3 min 17 days ago

Highlights:

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MicroStrategy buys 11K Bitcoins for $1.1B, increasing total holdings to 461K BTC.

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The company raised $21B through share sales, with $5.42B available for future Bitcoin purchases.

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More companies follow MicroStrategy’s lead, pushing Bitcoin adoption and decreasing exchange supply.

MicroStrategy Adds 11K Bitcoins for $1.1B Before Shareholder Vote

MicroStrategy has acquired 11K Bitcoins for $1.1 billion between January 13 and 20, 2025. This brings the total Bitcoin holdings to about 461,000 BTC, now valued at $47 billion. This purchase comes just before a key shareholder vote, showing MicroStrategy’s unwavering commitment to the digital asset.

 

A Strong Bitcoin Strategy Paying Off

 

 

MicroStrategy has spent about $29.3 billion on Bitcoin, buying at an average price of $63,610 per coin. This puts the company’s unrealized profit at roughly $17.7 billion. A recent SEC filing shows that the firm raised $21 billion by selling 3,012,072 shares. 

 

With $5.42 billion still available in shares, MicroStrategy is poised for even more Bitcoin acquisitions in the future. Shareholders will soon vote on a proposal to increase the company’s Class A common stock from 330 million to 10.3 billion. 

 

More Companies Jump on the Bitcoin Bandwagon

 

MicroStrategy’s Bitcoin strategy is influencing others. Companies like Metaplanet Inc. are now using Bitcoin to hedge against inflation. KULR Technology Group recently bought $8 million worth of Bitcoin, bringing its total to around 510 BTC.

 

Currently, only 2.19 million Bitcoins remain on exchanges, down from 2.7 million a year ago. More institutional investors, especially in the U.S., are joining the Bitcoin reserve movement. 

 

Bitcoin’s bullish trend is expected to continue, attracting more institutional investors. As cash flows out of traditional investments like Gold ETFs, Bitcoin may continue its rise as a preferred asset.

 

 

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