MicroStrategy Incorporated (NASDAQ:MSTR) has reported significant activity in both its stock issuance and bitcoin acquisition efforts.
The company announced that, between January 21 and January 26, 2025, it sold approximately 2.77 million shares of Class A common stock, raising approximately $1.1 billion.
This aligns with its ongoing sales agreements with multiple financial institutions, which allows MicroStrategy to issue and sell shares with an aggregate offering price of up to $21 billion.
Using the proceeds from these stock sales, MicroStrategy acquired roughly 10,107 Bitcoins for about $1.1 billion.
This latest purchase brings the company's total Bitcoin holdings to approximately 471,107 bitcoins.