Tue Jan 07 11:30:00 UTC 2025: ## MicroStrategy Boosts Bitcoin Holdings, Plans Massive Capital Raise

**NEW YORK** – Shares of MicroStrategy (MSTR) surged 6% Monday after the company announced the purchase of an additional 1,070 bitcoins for $101 million, bringing its total holdings to approximately 447,470 BTC, currently valued at roughly $45 billion. This latest acquisition, made on December 30th and 31st at an average price of $94,004 per bitcoin, follows the company’s Friday announcement of a plan to raise up to $2 billion over the next three years to further expand its bitcoin reserves.

This capital raise is part of MicroStrategy’s ambitious “21/21” strategy, aiming to secure $42 billion in capital through share and fixed-income security sales to acquire more bitcoin. While the company recently joined the Nasdaq 100 index, concerns over its high leverage and the long-term viability of its bitcoin-focused strategy had previously weighed on its stock price. Despite recent market volatility, MicroStrategy shares are still up over 470% in the past year. The company’s aggressive bitcoin investment strategy continues to be a major factor in its market performance.

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