English | Español | Français
Market Cap: $ 3.27 T 24h Vol: $ 101.10 B BTC Share: 62.62%
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
bitcoinBTC/USD
$ 102,750.53 0.68%
No Result
View All Result
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
BTCNEWS
No Result
View All Result
Home Latest

MicroStrategy’s 12-week Bitcoin purchasing streak comes to an end

Software Giant Pauses Crypto Investments Retaining its $44 Billion Bitcoin Stash Amid Market Trends

Mark Valerius by Mark Valerius
February 3, 2025
Share on FacebookShare on Twitter

Key Points

  • MicroStrategy halts its 12-week Bitcoin buying streak, maintaining its $44 billion Bitcoin holdings.
  • The company did not sell any class A common shares from its at-the-market program.

MicroStrategy, a software design firm, has put a pause to its continuous 12-week buying of Bitcoin. For the time being, it plans to hold onto its current Bitcoin stash, valued at $44 billion.

According to Form 8-K disclosure documents filed with the U.S. Securities and Exchange Commission, the company did not purchase any Bitcoin (BTC) for the first time in three months. This marks a significant shift in the company’s recent behavior.

MicroStrategy’s Bitcoin Strategy

After 12 weeks of continuous Bitcoin purchases, MicroStrategy did not sell any class A common shares from its at-the-market program. From January 27 to February 2, there were no share sales, leaving the company with an outstanding $4.35 billion worth of equity offerings. These could potentially be used to finance future Bitcoin acquisitions.

MicroStrategy’s “21/21” strategy, which aims to invest $42 billion in Bitcoin, is planned to be funded through its ATM offering. This strategic plan was created by the company’s executive chairman, Michael Saylor.

New Capital Raise Channel

In addition to this, Saylor’s firm introduced a preferred stock offering named STRK. This new avenue for raising capital, designed to facilitate more Bitcoin purchases, attracted $563.4 million in investor cash shortly after its launch.

As of February 3, MicroStrategy held 471,107 BTC, which was valued at approximately $44 billion. This was during a time when Bitcoin’s value dipped to $96,000 due to a market-wide correction caused by mass liquidations.

The company, which originated during the dotcom era as a business intelligence firm, spent around $20 billion on Bitcoin during its 12-week buying spree. On at least two occasions, it acquired as much as $1.1 billion worth of tokens. MicroStrategy’s aggressive Bitcoin accumulation strategy has influenced other firms such as Marathon Digital and Riot Platform. These companies have also been building their Bitcoin treasuries while operating mining businesses.

Tags: Bitcoin (BTC)

Related News

spain crypto

Major Spanish Bank Recommends 7% Crypto Investment For Wealthy Clients

June 18, 2025
bitcoin debate

Core Developers Are ‘Risk To Bitcoin’ In Governance Battle, Says JAN3 CEO Samson Mow

June 10, 2025
Interview with 0G Labs’ Michael Heinrich on The Convergence of AI and web3

Interview with 0G Labs’ Michael Heinrich on The Convergence of AI and web3

June 10, 2025
market libra

Argentine President Cleared Of Ethics Violations In $4.5 Billion LIBRA Crash

June 10, 2025
bitcoin
Bitcoin (BTC)
Rank: 1
$ 102,750.53
Price (BTC)
Ƀ1.00000000
Marketcap
$ 2.04 T
Volume
$ 30.03 B
24h Change
0.68%
Total Supply
19.88 M BTC

  • About Us
  • Contact
  • Advertise
X-twitter Telegram Facebook Instagram Youtube Medium Linkedin

Information you can trust

BTCNews.com provides Bitcoin news and other cryptocurrency news, reaching millions of crypto enthusiasts daily.

It offers comprehensive coverage of business, financial, and international news related to digital assets.

Serving professionals through digital platforms, industry conferences, and direct updates, BTCNews.com is a premier provider of blockchain and crypto news.

Disclaimer: The information provided by BTCNews.com is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are highly volatile and involve significant risks.

Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. BTCNews.com is not responsible for any losses incurred due to the use of information provided on this site.

  • © 2008 - 2024 BTCNews.com
  • Terms of Use
  • Privacy
  • Cookies
No Result
View All Result
  • Market
    • Crypto Prices
    • Crypto Exchanges
  • Learn
    • Glossary
  • News
    • Latest

© 2008 - 2024 BTCNews.com