MicroStrategy has significantly increased its Bitcoin holdings once again, purchasing 15,400 BTC for a total of $1.5 billion over the week ending December 1. With this latest acquisition, the company now owns 402,100 BTC, valued at approximately $38.2 billion based on the current Bitcoin price of $95,000. The average purchase price for these assets stands at $58,263 each.
The purchase was funded through share sales under the company’s at-the-market (ATM) program. Executive Chairman Michael Saylor had hinted at the purchase in a tweet before the official announcement was made. With this addition, MicroStrategy now controls nearly 2% of the total Bitcoin supply that will ever be mined.
As part of its ongoing efforts, the company is also awaiting a decision regarding its inclusion in the Nasdaq 100, with an announcement on the rebalancing expected by December 13.
Meanwhile, Saylor recently gave a brief presentation to the Microsoft board, advocating for Bitcoin as part of the company’s treasury strategy. He emphasized that Microsoft’s current approach, which includes stock buybacks and dividends, has led to a loss of $200 billion in potential capital over the past five years. Saylor suggested that investing in Bitcoin during that period could have resulted in significant returns, given Bitcoin’s 1,200% growth over the same timeframe.
MicroStrategy’s stock rose by 1.23% following the announcement, and shares have surged by 450% year-to-date, reflecting investor confidence in the company’s Bitcoin-focused strategy.
In a related development, Bitcoin miner MARA Holdings announced its acquisition of 6,484 BTC between October 1 and November 30, spending approximately $618.3 million, or an average of $95,352 per Bitcoin. The company also launched a $700 million offering of zero-coupon convertible senior notes, which will primarily be used to fund further Bitcoin acquisitions and repurchase existing convertible notes due in 2026. As of November 30, MARA holds a total of 34,959 BTC, valued at $3.3 billion at the current market price.
