MicroStrategy acquires 55,500 Bitcoin for $5.4 billion


Key Takeaways

  • MicroStrategy acquired an additional 55,500 BTC as part of its strategy to increase Bitcoin holdings.
  • Bernstein projects MicroStrategy’s Bitcoin holdings could reach 830,000 BTC by 2033, valued at $1 million per coin.

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MicroStrategy said Monday it had acquired an additional 55,500 Bitcoin for $5.4 billion at an average price of $97,862 per coin. The announcement comes after the company successfully completed its senior note offering last Friday.

Having added over 130,000 BTC to its portfolio this month, MicroStrategy now holds a total of 386,700 BTC, valued at approximately $38 billion at current market prices. The latest acquisition of $5.4 billion is the company’s largest purchase to date.

MicroStrategy is ahead of schedule in its plans to raise $42 billion over the next three years to finance its Bitcoin acquisitions. The company has already secured $3 billion in convertible debt and $6.6 billion in equity this month.

Bernstein analysts predict MicroStrategy’s Bitcoin holdings will increase from 1.7% to 4% of the circulating supply by 2033. Analysts raise their price target for shares of MicroStrategy (MSTR) to $600 by the end of 2025.

The update follows a rapid stock price increase driven by the company’s aggressive Bitcoin investment strategy. MicroStrategy stock has soared over 560% this year, outpacing most S&P 500 indexes, according to data from Yahoo Finance.

Bernstein projects MicroStrategy could hold approximately 830,000 BTC by the end of 2033, valued at $830 billion at a price of $1 million per coin.

Analysts believe that favorable regulatory conditions under the incoming Trump administration, growing institutional adoption, and macroeconomic factors such as low interest rates and inflation risks support a sustained bull market for Bitcoin.

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