By augmenting its reserves with 11,000 more BTC, MicroStrategy now possesses a total of 461,000 bitcoins, valued approximately at $47 billion given current market valuations. This acquisition was bolstered by the issuance and sale of stocks.

Selling shares or resorting to debt has been a cornerstone of MicroStrategy’s bitcoin acquisition tactics. The previous year, the company unveiled an ambitious plan to secure $42 billion across a span of three years, employing these financial maneuvers to amplify its bitcoin assets. Earlier this annum, they surpassed this financial aspiration by $2 billion.

The impending Tuesday will see investors expressing their choice on increasing the count of authorized Class A common shares from 330 million to 10.3 billion, and authorized preferred stock from 5 million to 1 billion. If this motion gains majority support, MicroStrategy will be better positioned to deploy capital through share sales for additional bitcoin acquisitions. As recorded on January 21, MicroStrategy retains approximately $5.42 billion remaining in equity for issuance under its extant capital strategy.

An intriguing note is that despite the volatility, MicroStrategy’s shares have witnessed an impressive increase, surging by over 690% in the past year. Initially, the company’s stock faced a decline of about 7% during early trading sessions; however, it managed to recuperate to settle at a 3% decrease in subsequent trading activities.

MicroStrategy’s strategy of amassing bitcoin has been fraught with , to emulate its approach to bitcoin treasury management.

This marks the eleventh consecutive week that MicroStrategy has publicized a fresh bitcoin acquisition. With this move, the firm now controls a substantial 461,000 bitcoins within its treasury.