Key Takeaways
- MicroStrategy added 1,070 Bitcoin for $101M at $94,004 per BTC.
- The company's Bitcoin yield reached 74.3% in 2024.
- MicroStrategy aims to raise $2B through perpetual stock offerings.
MicroStrategy acquired 1,070 Bitcoin between December 30 and 31, 2024, at an average price of $94,004 per BTC.
This purchase brought the company’s total Bitcoin holdings to 447,470 BTC, worth $44.3 billion at current market prices.
The acquisition was funded through the sale of 319,586 shares during the same period, according to an SEC filing.
Bitcoin yield reaches 74%
The company’s Bitcoin yield has climbed to 74.3% in 2024, up significantly from 48% recorded between October 1 and December 31.
These gains reflect MicroStrategy’s aggressive accumulation strategy.
$2 billion fundraising for more Bitcoin
MicroStrategy announced plans to raise $2 billion via perpetual preferred stock offerings to bolster its balance sheet and fund further Bitcoin purchases.
This is part of the company’s “21/21 Plan,” which aims to raise $21 billion in equity and $21 billion in fixed income instruments over three years.
On December 23, 2024, the firm filed with the SEC to increase its authorized shares significantly, including raising Class A common stock from 330 million to 10.33 billion and preferred stock from 5 million to over 1 billion.
This move provides greater flexibility for future funding initiatives.
Long-term strategy in action
Since the launch of the “21/21 Plan” on October 31, 2024, MicroStrategy has purchased 195,250 Bitcoin, amounting to 45% of its investment target.
These holdings are currently valued at $19.3 billion.
