MicroStrategy, a business intelligence firm and prominent corporate Bitcoin holder, has acquired an additional 55,500 BTC for approximately $5.4 billion.
According to an 8-K filing with the SEC, the purchase was made between November 18 and November 24 at an average price of $97,862 per bitcoin. This marks the company’s largest Bitcoin acquisition to date and follows a series of significant capital-raising initiatives.
On November 21, MicroStrategy completed a $3 billion debt offering, generating $2.97 billion in net proceeds. During the same period, it sold 5,597,849 company shares for $2.46 billion.
The company has announced plans for a $42 billion capital raise over three years, including $21 billion in equity offerings and $21 billion in fixed-income securities, to fund future Bitcoin acquisitions.
MicroStrategy now holds 386,700 BTC, valued at over $37 billion. The firm has spent approximately $21.9 billion on Bitcoin acquisitions, with an average price of $56,761 per BTC, including fees and expenses.
The company measures its performance using a proprietary “Bitcoin Yield” indicator, which reflects the percentage change in Bitcoin holdings relative to its diluted shares. As of November 24, the year-to-date Bitcoin Yield is 59.3%, signaling robust growth in holdings while managing share dilution.
MicroStrategy’s latest acquisition of 55,500 BTC for $5.4 billion follows two consecutive weeks of aggressive purchases, including 51,780 BTC for $4.6 billion last week at an average price of $88,627 per coin and $2 billion worth of Bitcoin the prior week, paying an average of $74,463 per coin.
