Catenaa, Monday, January 13, 2025 – MicroStrategy co-founder Michael Saylor has teased another Bitcoin acquisition, hinting at a purchase on Monday (January 50 via a post on X featuring a Bitcoin chart from SaylorTracker.com.
The company currently holds 446,400 Bitcoin, valued at roughly $43.7 billion, and continues its aggressive 21/21 plan to bolster its Bitcoin reserves.
Under the 21/21 strategy, MicroStrategy aims to acquire $42 billion in Bitcoin by raising $21 billion through equity and $21 billion via fixed-income securities. On Dec. 30, the firm purchased 2,138 BTC at an average price of $97,837 per coin.
The Nasdaq-listed company is also advancing its financial strategy. Following its inclusion in the Nasdaq 100 in December, MicroStrategy proposed increasing its authorized shares of class A common stock to 10.3 billion and preferred stock to 1 billion during a shareholder meeting.
Additionally, MicroStrategy announced plans for a $2 billion perpetual preferred stock offering, providing seniority over common stock in bankruptcy or liquidation. This raise, separate from the 21/21 plan, is expected in Q1 2025, pending approval.
The company’s Bitcoin-centric treasury strategy aligns with Saylor’s vision of Bitcoin as a long-term store of value. As regulatory discussions heat up, Saylor continues advocating for a robust U.S. crypto framework, proposing Bitcoin reserves as part of broader economic policy.
With this latest hint of a purchase, MicroStrategy reaffirms its position as a leading institutional Bitcoin holder, pushing the boundaries of corporate crypto investment strategies.
