Strategy Buys 22,305 BTC; Now Holds 709,715 Worth $64B; ATMs

MicroStrategy Buys $2.13 Billion in Bitcoin as ETF Interest Grows

  • Strategy purchased 22,305 bitcoins between January 12 and January 19 using proceeds from preferred stock sales and its at-the-market offering program.
  • As of January 19, Strategy held 709,715 BTC bought for about $51.8 billion at an average of $75,353 per Bitcoin; the holdings are worth roughly $64 billion at current prices.
  • The company has bought about $2.13 billion in bitcoin recently, while its shares fell more than 8% on Tuesday amid bitcoin weakness.
  • Louisiana State Employees’ Retirement System (LASERS) disclosed a $3.2 million position (17,900 shares) as of December 31.
  • BlackRock.com/us/individual/products/239826/ishares-us-preferred-stock-etf”>BlackRock’s iShares Preferred and Income Securities ETF holds the company’s Stretch (STRC) as a top allocation ($210 million), and India-tightens-kyc-and-more”>Vanguard reportedly holds about $505 million in the stock.

Strategy reported the purchase of 22,305 bitcoins between January 12 and January 19, funded by sales of Variable Rate Series A Perpetual Stretch Preferred stock and shares issued under its at-the-market offering program, according to a regulatory filing with the U.S. Securities and Exchange Commission. The company has spent about $2.13 billion on bitcoin during this period.

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As of January 19, Strategy held 709,715 BTC acquired for an aggregate purchase price of roughly $51.8 billion, at an average price of $75,353 per bitcoin. At current market levels, that bitcoin position is worth about $64 billion.

Shares of the company fell more than 8% on Tuesday amid weakness in bitcoin, even as the firm’s holdings continue to grow. Retail sentiment around the stock trended in ‘bullish’ territory amid ‘high’ message volume on social platforms, and shares are up about 4% year-to-date.

The Louisiana State Employees’ Retirement System (LASERS) disclosed a $3.2 million position in the company, reporting ownership of 17,900 shares as of December 31, representing about 0.02% of its portfolio. Major public pension holdings include large tech names alongside this stake.

Institutional interest includes BlackRock’s iShares Preferred and Income Securities ETF, which lists the company’s Stretch (STRC) as its fourth-largest position with about $210 million allocated as of January 16. According to Analytics insight, Vanguard has also accumulated roughly $505 million in the stock by taking indirect bitcoin exposure through traditional equity markets.

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