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 BillionThis 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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