MicroStrategy Increases Bitcoin Holdings, Taking Its Stash to Over $27 Billion

More than 2,000 Bitcoin have just been added to MicroStrategy’s expanding digital asset portfolio, making it the largest publicly traded corporate holder of Bitcoin (BTC). For the software development company, this acquisition is a major step that further demonstrates its dedication to bitcoin investing.

New Bitcoin Purchase

In a statement, MicroStrategy founder Michael Saylor announced that the company had acquired 2,138 BTC, worth approximately $209 million. This purchase brings the company’s total holdings to an impressive 446,400 BTC. Saylor shared details of the acquisition, noting that the company spent about $97,837 per Bitcoin. As of December 29, 2024, MicroStrategy’s Bitcoin holdings have been acquired at an average price of around $62,428 per Bitcoin, totaling an investment of about $27.9 billion. Saylor also highlighted the company’s impressive returns, with a quarter-to-date yield of 47.8% and a year-to-date yield of 74.1%.

In addition to the new Bitcoin acquisition, Saylor provided a link to the company’s filing with the U.S. Securities and Exchange Commission (SEC), where the details of the transaction are officially documented.

In a separate update, MicroStrategy also announced an expansion of its board of directors. On December 20, 2024, the company filed with the SEC to increase the number of board members from six to nine. This decision follows recommendations from the Nominating Committee and signifies the company’s growth and evolving leadership structure. The addition of three new members to the board comes as MicroStrategy strengthens its position in both the tech and crypto sectors.