$1.54 Billion Raised Through Share Sales

On December 16, 2024, MicroStrategy announced it had raised approximately $1.54 billion between December 9 and December 15, 2024.

Bitcoin Acquisition Update

During the same period, MicroStrategy used the proceeds from its share sales to purchase approximately 15,350 BTC for $1.5 billion in cash, at an average price of $100,386 per Bitcoin (inclusive of fees and expenses). This acquisition brings the company’s total Bitcoin holdings to:

• 439,000 BTC

• Acquired at a total cost of $27.1 billion

• Average purchase price: $61,725 per Bitcoin

MicroStrategy, a global leader in enterprise analytics, continues to make waves in the bitcoin space with its unwavering commitment to Bitcoin. In a ground breaking announcement, the company revealed it now holds a staggering 331,200 BTC, solidifying its position as the largest corporate Bitcoin holder in the world. This strategic move not only demonstrates MicroStrategy’s confidence in Bitcoin as a treasury asset but also highlights the growing trend of institutional adoption.

In a powerful show of confidence in Bitcoin, Genius Group, an AI and education tech company, has announced it will commit 90% of its current and future reserves to Bitcoin, making it a primary pillar of its financial strategy. This bold decision includes an initial acquisition of $120 million in BTC and follows a recent board-level restructuring to bring in leaders with strong crypto backgrounds, signaling a deep commitment to the world of digital assets.

MicroStrategy, the business intelligence giant and premier corporate Bitcoin holder, has again expanded its Bitcoin reserves by a whopping 27,200 BTC, bringing its total stash to 279,420 BTC. This massive purchase, funded by $2 billion raised through at-the-market (ATM) share sales, signals their continued belief in Bitcoin’s potential as a treasury reserve asset and a hedge against inflation. And they aren’t stopping there. MicroStrategy’s ambitious “21/21 Plan” unveiled in their Q3 2024 earnings presentation hints at a transformative financial strategy aiming to raise a colossal $42 billion in capital over the next three years to fuel further Bitcoin acquisitions and corporate expansion.