Institutional backing strengthens, with Capital Group ($2T AUM) and Norges Bank ($1.7T AUM) leading investment in MSTR’s Bitcoin strategy.
The company’s market cap reaches $84B as its successful Bitcoin strategy influences other publicly traded firms like Metaplanet to follow suit.
Bitcoin treasury holdings span 156 companies and governments, totaling 3.03M BTC, with public companies holding the largest share.
After conducting weekly Bitcoin purchases religiously since early November through the sale of its Class A common stocks, MicroStrategy Inc. (NASDAQ: MSTR) announced that it did not make any purchases during the period between January 27 and February 2, 2025. In a form 8-k filed with the US SEC, MicroStrategy announced that its Bitcoin trove stands at about 471,107 BTC, which were acquired for around $30.4 billion.
In a post on X, Michael Saylor, MicroStrategy’s co-founder, noted that the company is in the Bitcoin strategy for the long term. Furthermore, the company recently priced its offering of 7.3 million shares of 8 percent of the Series A Perpetual Strike Preferred Stock at $80 per share for a net proceeds of $563.4M.
Last week, MicroStrategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 2/2/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/QTBWl8KlNv
— Michael Saylor⚡️ (@saylor) February 3, 2025
Last week, MicroStrategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 2/2/2025, we hodl 471,107 acquired for ~$30.4 billion at ~$64,511 per bitcoin.
— Michael Saylor⚡️ (@saylor)
With the offering of the Series A Perpetual Strike Preferred Stock expected to close on February 5, 2025, MicroStrategy will continue with its Bitcoin buying spree. As Coinspeaker , MicroStrategy is well funded by top-tier institutional investors led by Capital Group, which has over $2 trillion in AUM, and by Norway’s Central Bank’s Norges Bank, which has over $1.7 trillion in AUM.
MicroStrategy Fails to Buy Bitcoin Dip
MicroStrategy has been a strong supporter of the Bitcoin network through frequent purchases of BTCs through tapping global capital markets. However, the company failed to purchase more BTCs in the last few days amid the notable market correction towards the major support level above $91k.
Bitcoin price signaled a potential rebound toward a new all-time high after rallying beyond $99k on Monday during the mid-New York session. The demand for the flagship coin remains strong as the United States prepares to adopt Bitcoin as a strategic reserve asset, both at the federal government and state levels.
Nonetheless, MicroStrategy has a long-term Bitcoin plan to bolster its balance sheet against macroeconomic uncertainty.
Market Picture
MicroStrategy has grown to a large-cap company, with a total valuation of about $84 billion at the time of this writing. The company’s success rate through the Bitcoin strategy has largely influenced many other publicly traded companies to follow the same path.
For instance, Metaplanet Inc. (Tokyo: 3350), a small-cap company with a market cap of about ¥178 billion, has attracted the same shareholders from MicroStrategy due to its BTC plan. Last month, Metaplanet announced plans to accumulate 10k BTCs by the end of 2025 and at least 21k BTCs by the end of 2026.
According to market data from , around 3.03 million Bitcoins are held in treasuries of 156 different companies and governments. The largest share is publicly traded companies, followed by the US , and private companies.