MicroStrategy and BlackRock IBIT Hold Over 1 Million #BTC Worth Nearly $100 Billion. Data shows that MicroStrategy and BlackRock IBIT currently hold a total of 1,000,593 BTC, worth nearly $100 billion.

As of January 8, 2025, MicroStrategy held a total of 447,470 Bitcoin ($BTC). Here are the key details regarding their Bitcoin holdings:

Current Holdings Overview:

1. Total Bitcoin Held: 447,470 BTC

2. MicroStrategy announced the acquisition of 1,070 BTC worth approximately $101 million.

3. Average Purchase Price: The average price for the most recent acquisition was approximately $94,004 per Bitcoin.

4. Total Cost of Holdings: The cumulative cost of all of MicroStrategy’s Bitcoin purchases is approximately $27.97 billion.

5. Average Cost per Bitcoin: The average cost per Bitcoin across all holdings is reported to be approximately $62,503.

Financial Context

1. Current Value: Based on recent reports, the total value of MicroStrategy’s Bitcoin holdings is estimated to be approximately $44.3 billion.

2. Percentage of Total Bitcoin Supply: MicroStrategy’s holdings represent approximately 2.1% of the total Bitcoin supply cap.

Strategic Plans

1. MicroStrategy plans to raise up to $2 billion through a preferred stock offering to fund further Bitcoin acquisitions.

2. The company aims to raise a total of $42 billion by 2027 through various equity and debt markets to continue its Bitcoin purchasing strategy.

Recent Market Activity

1. The company has been actively purchasing Bitcoin, with this latest acquisition marking the 9th consecutive week of purchases.

2. MicroStrategy’s stock price has fluctuated significantly, reflecting the volatility of the Bitcoin price.

This information highlights MicroStrategy's aggressive strategy in accumulating Bitcoin as a key asset in the company's treasury. [ @Mondana Foundations ]