Over the past 9 weeks, MicroStrategy has spent 18 billion US dollars to sweep goods! MicroStrategy further increased its holdings by 1,070 BTC

Business intelligence software provider MicroStrategy once again added to its BTC holdings. According to documents filed with the US Securities and Exchange Commission (SEC) on Monday, the company purchased an additional 1,070 BTC at an average price of $94,004 between December 30 and 31 last year, spending a total of $101 million.

The funds for MicroStrategy's purchase of BTC this time mainly came from the proceeds of selling 319,586 shares of the company during the same period, with a profit of exactly $101 million.

As of January 5, MicroStrategy still has about $6.77 billion in stocks available for sale, which is part of the company's $21 billion stock issuance plan and $21 billion fixed-income securities issuance plan. MicroStrategy's goal is to raise $42 billion in the next three years to continue buying more BTC. Just last week, MicroStrategy announced further issuance of $2 billion in preferred shares to raise funds, once again sparking market discussions.

So far, MicroStrategy's BTC holdings have reached 447,470 coins, accounting for about 2.1% of the total BTC supply (21 million coins). Based on the current currency price, the total value exceeds 44 billion US dollars.

According to the company's co-founder and CEO, Michael Saylor, MicroStrategy's average cost of holding BTC is approximately $62,503 per coin, with a total cost of approximately $27.97 billion (including related fees and expenses).

Continuously increasing BTC holdings for 9 weeks, becoming the focus of the market

This is the 9th consecutive week that MicroStrategy has announced a large-scale increase in BTC. Just last week, the company bought 2,138 BTC for approximately $209 million, with an average price of $97,837 per coin; and the week before that, MicroStrategy also invested $561 million in BTC.

According to statistics, in the past 9 weeks, MicroStrategy has cumulatively invested over $18 billion in purchasing BTC, and the company's stock market value has also risen to $83 billion, far exceeding its BTC net asset value (NAV). Nowadays, many investors have concerns about the company's NAV premium and its practice of relying on stock sales and debt issuance to purchase BTC.

The scale of corporate participation may double by 2025

According to the analysis of research firm Bernstein, by 2025, enterprises will continue to expand the adoption scale of BTC as a reserve of funds, and the funds flowing into the cryptocurrency market are expected to reach 500 billion US dollars, far exceeding last year's 240 billion US dollars.

Bernstein pointed out that MicroStrategy will continue to play a leading role in the wave of enterprise adoption of Bitcoin, and the capital expansion plans of BTC miners, as well as small and medium-sized enterprises emulating Michael Saylor's "BTC strategy," will further drive market development.

Bernstein's digital asset manager, Gautam Chhugani, pointed out: 'Considering MicroStrategy's impressive performance over the past four years and its growing market position (including being listed on the Nasdaq 100 index), we believe that the positive cycle effect of the capital market will further accelerate.'

Over the past 9 weeks, $18 billion has been spent on buying! MicroStrategy further added 1,070 BTC