MicroStrategy announced that between January 27 and February 2, 2025, it did not sell any shares under its at-the-market equity offering program and did not purchase additional bitcoin.
Previously, on January 30, 2025, the company priced an offering of 7.3 million shares of 8% Series A Perpetual Strike Preferred Stock at $80 per share, raising $563.4 million in net proceeds. The offering is expected to close on February 5, 2025, subject to customary conditions. The company plans to use the proceeds for general corporate purposes, including acquiring bitcoin.
As of February 2, 2025, MicroStrategy and its subsidiaries held 471,107 bitcoins, acquired at a total cost of $30.4 billion, with an average purchase price of $64,511 per bitcoin, including fees and expenses.
2025-02-03
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