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"Major Bitcoin Move from MicroStrategy Before Trump's Presidency"

21.01.2025 17:10

The business intelligence giant MicroStrategy made a purchase of $1.1 billion at an average price of $101,191 per Bitcoin. With this new Bitcoin (BTC) acquisition, the company increased its portfolio to 461,000 BTC, setting a new record among institutional investors. This move indicates that institutional investments in the cryptocurrency markets are gaining momentum.

Under the leadership of Michael Saylor, the company has accelerated its Bitcoin purchases as part of a $42 billion capital raise plan. The latest purchases, which took place between January 13-20, were financed by the sale of more than 3 million shares during the same period. The portfolio, created at an average cost of $63,610 per Bitcoin, strengthens the company's position in the cryptocurrency markets.

MicroStrategy Increases Total BTC Holdings to $48 Billion

This strategic move by MicroStrategy heralds the beginning of a new era in the cryptocurrency markets. The company aims to include institutional investors such as insurance companies, pension funds, and banks into the Bitcoin ecosystem through continuous preferred stock issuance.

Having raised its total Bitcoin holdings to over $48 billion, MicroStrategy has made $19 billion in Bitcoin purchases over the last three months. This development has led to a 693% increase in the company's stock value over the past year.

Benchmark analyst Mark Palmer notes that the shift towards continuous preferred stocks has created an attractive opportunity for institutional investors. MicroStrategy's $21 billion equity offering and $21 billion fixed-income securities capital raise aim to create a total of $42 billion in resources for Bitcoin purchases.



 
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