Key takeout
- MicroStrategy purchased $742 worth of Bitcoin for the week ending February 9th.
- The company's Bitcoin financial strategy also aims to raise $42 billion by 2027 for its Bitcoin acquisition.
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The rebranded strategy from MicroStrategy resumed buying Bitcoin after a week's pause. The company's co-founder Michael Saylor announced Monday that he acquired approximately 7,633 Bitcoin worth $742 million between February 3rd and 9th, paying an average of $97,255 per coin. did.
$MSTR I got 7,633 BTC at ~$97,255 per Bitcoin for ~$742.4 million, achieving a 4.1% YTD 2025 BTC yield as of 2/09/2025. @strategy Holds 478,740 $ BTC It acquired it for $31.1 billion at $65,033 per Bitcoin. https://t.co/riftxrx2zr
– Michael Saylor⚡§ (@saylor) February 10, 2025
The announcement comes after railers on Sunday hinted at a potential reopening of Bitcoin purchases.
According to a recent SEC filing, the strategy used net income from the sale of shares in Class A common stock and additional income from preferred stock offerings to purchase BTC. Last week, the company sold a total of 516,413 shares of Class A common stock, generating approximately $179 million in net revenue. As of February 9th, approximately $4.17 billion in shares are available for issuance and sale.
The strategy also announced the completion of a public offering of 7,300,000 preferred stocks at $80.00 per share on February 5th, generating an estimated net income of $563 million.
With the new purchase, the strategy currently holds 478,740 BTC, worth around $46 billion at its current market price. The company invests around $31 billion in Bitcoin at an average price of $65,033 per coin.
The acquisition follows recent shareholder approvals, which has increased its certified Class A common stock from 330 million to 10.3 billion, and increased its preferred stock from 5 million to 1 billion. This expansion supports the company's Bitcoin financial strategy. It aims to raise $42 billion by 2027 for additional Bitcoin purchases.
MicroStrategy's Bitcoin yield measures Bitcoin per share representation, reaching 4.1% since the start of the year. After earning a small profit at the end of last Friday trading, 2% jumped in pre-market trading on Monday, per Yahoo Finance data.
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