MicroStrategy Raises Over $593 Million and Acquires 6,911 Bitcoins
On March 24, 2025, MicroStrategy announced updates regarding recent share sales and Bitcoin acquisitions. Between March 17 and March 23, the company raised approximately $592.6 million through the sale of 1.975 million shares of its Class A common stock under its $21 billion ATM program. During the same period, it also sold 13,100 shares of its 8.00% Series A preferred stock, generating around $1.1 million.
Using proceeds from both sales, MicroStrategy acquired 6,911 bitcoins for approximately $584.1 million, at an average price of $84,529 per bitcoin. As of March 23, the company held a total of about 506,137 bitcoins, acquired at a total cost of roughly $33.7 billion, with an average purchase price of $66,608 per bitcoin.
The company maintains a public dashboard at www.strategy.com to provide updates on its bitcoin holdings, securities information, and key performance metrics.
2025-03-24
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