Continuing its Bitcoin buying spree, MicroStrategy has undertaken another Bitcoin purchase worth over $1 Billion. According to the official announcement on January 27th, MicroStrategy has purchased 10,107 Bitcoins for around $1.1 billion at a price of approximately $105,596 per Bitcoin.
The latest purchase has bought the total holdings to 471,107 Bitcoins, making the firm achieve a BTC Yield of 2.90% YTD in 2025.
MicroStrategy’s Previous Bitcoin Buy
MicroStrategy had acquired 11,000 Bitcoins for about $1.1 billion on January 21st. The investment was in tandem with the regular Bitcoin purchase spree that the firm takes almost every week.
The constant purchase of Bitcoin has made many bet that by March, MicroStrategy will have 500k BTC.
Also Read: Robert Kiyosaki: MicroStrategy’s Bitcoin Investment Genius While Critics Have “No Balls”
Polymarket Bets Rise For 500K BTC Holdings for MicroStrategy
With the constant purchasing pattern of MicroStrategy, market participants are now betting higher on the chances of the firm holding over 500K Bitcoins by March 2025.
Currently, 65% of respondents believe the company will reach the 500K Bitcoin milestone by March.
In the past, more than 67% of bettors on Polymarket predicted that they would have more than half a million Bitcoins by March. However, last week this percentage was down to 37%.
Despite that, the company’s regular Bitcoin purchases serve as the foundation for the projections. Therefore, the market has again started expecting the firm hit the 500K BTC milestone by March.
MicroStrategy Files for Hybrid Securities Shelf Registration
Alongside the current Bitcoin buy, MicroStrategy has also announced that it has registered a hybrid securities shelf, using the money raised to support for business operations and buy additional Bitcoin.
The move stays in tandem with the firm’s overall idea of buying constantly buying Bitcoin.
Michael Saylor has always been in favor of Bitcoin, regardless of how erratic the market may be. He has continuously purchased Bitcoin, demonstrating his support for cryptocurrencies.
Previously, the company had stated that it intends to raise an ambitious $42 billion over the next three years, which will be used to buy Bitcoins, using a combination of $21 billion in stock and $21 billion in fixed-income instruments.
MicroStrategy Redemption Notice
Previously, for its $1.05 billion 2027 convertible senior note tranche, MicroStrategy had sent out a redemption notice. The deadline for noteholders to convert their holdings into Class A MicroStrategy stock or redeem their instruments at 100% of the principal was set at February 24. Note holders have an opportunity to convert each $1,000 block of notes into shares, which would cost about $142 each.
Also Read: European Insurer Allianz SE Backs MicroStrategy, Acquires 25% of 2031 Convertible Notes