The largest corporate bitcoin (BTC) holder is at it again, ramping up their BTC bag like a walk in the park. Business intelligence firm MicroStrategy just announced another BTC purchase, revealing an acquisition of assets worth $1.1 billion.
According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC), the company bought approximately 11,000 bitcoins between January 13 and January 20 at an average price of $101,191 per coin.
MicroStrategy Goes BTC Shopping Again
MicroStrategy made the latest purchase with proceeds from the sale of over three million MSTR shares under an agreement entered with several institutions on October 30, 2024. The net proceeds from the sales were $1.1 billion, and the company channeled all of the funds into its recent BTC purchase.
The sales agreement contained an aggregate offering price of up to $21 billion of MicroStrategy’s class A common stock at $0.001 per share. As of January 20, roughly $5.42 billion of MSTR was available for issuance and sale following the agreement.
Following the latest purchase, MicroStrategy now holds 461,000 bitcoins acquired for $29.3 billion at an average purchase price of $63,610 per coin. With BTC trading above $104,600 at the time of writing, the stash is currently worth $48.3 billion, reflecting a 64% return on investment.
11 Weeks In a Row
While MicroStrategy’s announcement marks the company’s third BTC purchase for 2025, the firm has been buying the leading cryptocurrency for the past 11 weeks. Every Monday since November 11, the business intelligence giant has disclosed the addition of thousands of bitcoins to its crypto portfolio.
The latest filing was made on Tuesday because U.S. President Donald Trump’s inauguration was scheduled for Monday, January 20.
On January 13, MicroStrategy said it bought 2,530 BTC for $243 million; the Monday before that, the company disclosed a $101 million BTC acquisition, and on the last Monday of 2024, a regulatory filing by the firm revealed a $209 million BTC purchase.
MicroStrategy’s founder and executive chairman, Michael Saylor, said sometime in October that the company’s goal was to become a bitcoin bank. With these frequent and weekly purchases, the goal does not appear far-fetched anymore.