MicroStrategy’s Bitcoin Holdings Remain Unchanged Amid Lack of Equity Sales
Executive Chairman Michael Saylor announced that MicroStrategy, now known as Strategy, did not purchase any new Bitcoin last week, maintaining its current reserve of 478,740 BTC.
Strategy’s at-the-market equity program, which funds its Bitcoin buying scheme, saw zero sales of its class A common stock between February 10 and February 14. This marks only the second time in about 14 weeks that the company has not acquired new Bitcoin.
No New BTC Purchases, No New Equity Sales
The lack of equity sales resulted in Strategy retaining its existing Bitcoin holdings, valued at over $46 billion when Bitcoin traded under $97,000. This is not the first time the company has not purchased new Bitcoin due to a lack of equity sales, with the first instance occurring in early February.
Michael Saylor previously announced that the firm had resumed its weekly Bitcoin purchases, with filings showing Strategy spent $742 million on Bitcoin at the time.
Strategy’s Bitcoin Holdings Remain Significant
As of the time of writing, Strategy remains the world’s largest publicly traded Bitcoin holder, rivaling Wall Street investor cash parked in spot Bitcoin exchange-traded funds. The company’s holdings surpass those of funds issued by Fidelity and Grayscale, with only BlackRock’s ETF, valued at $57 billion, exceeding Strategy’s Bitcoin reserve.
Last week, @Strategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any Bitcoin. As of 2/17/2025, we hodl 478,740 Bitcoin acquired for ~$31.1 billion at ~$65,033 per Bitcoin.
Tips for Investors:
- Understand the relationship between equity sales and Bitcoin purchases in publicly traded companies.
- Monitor the market value of Bitcoin and its impact on company holdings.
- Stay informed about the Bitcoin market and its trends.
For more news and updates on the cryptocurrency market, visit Global Crypto News.