“MicroStrategy has added to its bitcoin stash for 12 consecutive weeks.”, — write: www.coindesk.com
MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, added to its bitcoin (BTC) holdings for a 12th straight week.
In the week ended Jan. 26, the company bought 10,107 BTC, taking its total holdings to 471,107 BTC, Saylor wrote in a post on X. The purchase, at an average price of $105,596 per bitcoin, raised MicroStrategy’s overall average purchase price to $64,511.
Saylor teased the announcement on Sunday, as he has done in recent weeks, posting: “Don’t stop thinking about tomorrow.”
On Jan. 21, MicroStrategy shareholders approved increasing the authorized number of Class A common shares to 10.3 billion from 330 million shares.
MicroStrategy also filed a mixed securities shelf registration that now includes: debt securities, preferred stock, warrants and depository shares in addition to Class A common stock.
UPDATE (Jan. 27, 13:21 UTC): Adds details on MicroStrategy’s mixed securities registration.
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