Michael Saylor announced today that MicroStrategy has spent $1.1 billion to purchase 10,107 Bit, just six days after making a similar transaction. This move reflects a broader trend in the company's acquisition strategy.

The company used funds from a recent sales agreement to finance this purchase. This latest acquisition has increased the total number of Bit held by MicroStrategy to 471,107.

Also Read: 6 days ago, MicroStrategy spent an additional $1.1 billion to purchase 11,000 Bit

Saylor Continues Bit Buying Trend

MicroStrategy founder Michael Saylor continues to execute large Bit purchases, expanding the company's position as one of the world's largest Bit holders. Today, he announced a new purchase on social media, marking the company's fourth Bit acquisition in January 2025.

"MicroStrategy has purchased 10,107 Bit for ~$1.1 billion, at an average price of ~$105,596 per Bit, and now holds 471,107 Bit purchased for ~$30.4 billion, with a current market value of ~$64,511 per Bit,"

Saylor said.

According to the Form 8-K filed with the SEC, the Bit purchases were made between January 21 and January 26. During this period, MicroStrategy also sold 2,765,157 shares, raising $1.1 billion.

Saylor has been making regular Bit purchases throughout December 2024. In the first half of the month, MicroStrategy executed a $2.1 billion Bit purchase. A week later, the company followed up with another $1.5 billion Bit purchase.

On January 6, MicroStrategy bought $101 million worth of Bit. This transaction reflected a significant decrease from the previous billion-dollar purchases, leading to speculation that MicroStrategy would temporarily pause its buying spree.

However, when Bit reached a new ATH above $108,000 on January 20, Saylor continued to scale up MicroStrategy's Bit purchases. As Bit continues to perform well, the company appears determined to capitalize on this.

MicroStrategy Remains Committed to Bit-Centric Strategy

Earlier this month, MicroStrategy publicly explored the possibility of a major stock offering to raise capital for further Bit purchases. The company announced plans to raise $2 billion through the issuance of perpetual preferred stock to strengthen its balance sheet.

Financing options for the perpetual preferred stock include converting Class A common stock, issuing cash dividends, or repurchasing shares. This structure provides potential investors with the prospect of regular dividends without a defined maturity date, creating a unique approach to capital raising.

Despite today's purchase, the company's stock was also affected by a broader sell-off today due to concerns about DeepSeek AI. MSTR fell nearly 5% today but is still up 14% this month.

Nevertheless, MicroStrategy is likely to continue expanding its Bit purchases in the upcoming market cycles. The success of the company's stock offerings will also significantly determine the scale of its future Bit acquisitions.

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