$117,477.00
-0.42%$2,934.58
-2.26%$2.72
-4.10%$683.57
-1.49%$160.23
-2.50%$0.999844
-0.02%$0.197018
-6.52%$0.300156
-0.38%$2,931.27
-2.29%$0.70312
-4.88%$46.53
-0.45%$117,172.00
-0.45%$3,541.54
-2.16%$0.383717
1.44%$3.39
-3.01%$15.00
-4.72%$506.47
-5.83%$20.62
-3.17%$9.09
0.51%$0.194695
-3.96%$3,143.04
-2.28%$0.00001315
-4.76%$2.97
-1.16%$2,932.74
-2.29%$0.999766
-0.01%$92.59
-4.56%$45.87
-1.73%$1.001
0.03%$329.15
-0.65%$117,462.00
-0.40%$3.88
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-0.10%$0.0000122
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-3.22%$8.32
-6.10%$300.38
-2.54%$383.03
-4.37%$0.460954
-6.07%$0.101408
-1.52%$1.18
-0.14%$4.77
-6.21%$2.47
-5.47%$48.49
-1.82%$1.00
0.00%$5.27
-4.63%$194.81
-2.55%$18.04
-3.64%$0.869447
-5.53%$1.059
-0.01%$0.999896
-0.01%$0.082976
-8.06%$0.640301
2.09%$4.57
-4.08%$0.227373
-4.38%$0.322066
-8.02%$0.02350022
-6.03%$0.00002607
11.99%$0.39395
-6.14%$4.49
0.93%$9.58
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-2.53%$0.21631
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-5.74%$0.684147
-8.49%$0.32142
-5.22%$2,931.71
-2.30%$1.023
-6.87%$2.52
-5.02%$117,284.00
-0.39%$0.077502
-5.74%$111.26
-3.88%$4.70
-1.17%$170.33
-2.30%$0.02304291
-4.01%$0.999664
-0.02%$0.997928
-0.10%$11.38
-1.08%$1.54
-9.86%$0.471386
-7.35%$3,074.18
-2.27%$3,342.46
-2.28%$1.00
-0.06%$1.87
-8.07%$1.27
-1.33%$1.26
-4.00%$4.40
-3.13%$12.23
-4.98%$0.01686307
-2.03%$0.736696
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-7.32%$1.72
-4.16%$0.346505
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-2.10%$3,081.24
-2.29%$117,187.00
-0.49%$1.00
-0.02%$1.00
0.02%$3,093.22
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-12.56%$0.957238
-6.64%$117,132.00
-0.49%$1.11
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-0.00%$0.094683
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-4.34%$0.496053
-5.58%$11.54
-13.96%$0.156342
-2.85%$683.62
-1.46%$118,402.00
-0.64%$0.999626
0.02%$3,167.68
-2.37%$0.614545
-5.38%$179.99
-2.58%$0.527473
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0.14%$209.52
-2.49%$2.30
-9.24%$0.777106
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-6.70%$10.74
0.00%$0.186414
-4.14%$0.808068
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-5.01%$2.64
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0.02%$0.284451
-4.14%$0.01425632
-5.94%$41.77
-4.15%$0.997941
-0.03%$0.00000068
0.33%$0.00000171
-0.34%$0.251895
0.17%$2,930.96
-2.39%$1.89
-6.13%$0.766754
-5.50%$0.11281
-6.29%$46.46
-0.31%$0.61209
-0.75%$3,143.40
-1.99%$1.088
0.01%$3.83
-6.35%$116,858.00
-0.53%$117,073.00
-0.53%$3,061.37
-3.12%$2,932.32
-2.27%$0.374344
-3.26%$0.999285
0.01%$0.00874826
-4.45%$0.997665
-0.04%$0.303145
-4.10%$3.07
3.94%$0.01623439
-4.83%$117,399.00
-0.42%$0.054559
-7.89%$0.502063
-9.04%$0.534712
-5.47%$0.53674
-4.77%$0.387602
-7.12%$46.45
-0.63%$1.65
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-5.60%$0.999454
-0.02%$25.98
-3.51%$0.644061
-6.00%$2,932.75
-2.29%$0.196161
-6.84%$0.99994
-0.05%$0.998284
-0.10%$0.095182
-3.06%$0.134726
-11.03%$0.220995
-0.64%$3,120.60
-2.26%$0.421302
-0.38%$0.999802
-0.02%$0.592708
-6.15%$0.00762574
-7.89%$0.00000045
0.05%$0.062352
0.30%$0.00445271
-8.87%$6.12
-3.68%$45.99
-4.45%$7.56
-2.86%$15.06
-3.84%$3,236.47
-2.28%$0.302117
-3.95%$1.11
-7.57%$0.00002079
-2.49%$1.094
-0.01%$0.345427
-5.77%$0.163668
-4.43%$1.005
-1.05%$1.29
-9.11%$2.44
-4.37%$116,948.00
-0.56%$6.16
-6.37%$0.00434482
-4.53%$0.998833
-0.53%$3,209.40
-2.32%$0.053786
-8.98%$0.148488
-4.34%$0.03936196
-4.49%$0.527074
-5.12%$1.54
-9.57%$2,931.11
-2.29%$0.999913
0.00%$2,932.87
-2.28%$0.03629275
-1.31%$0.363647
-5.64%$0.01859996
1.06%$1.28
3.88%$2,930.46
-2.27%$117,209.00
-0.52%$0.999674
-0.01%$0.074542
-9.47%$0.00662655
-8.03%$0.345914
-8.94%$20.97
-0.34%$174.98
-2.65%$0.515348
-3.79%$0.00006172
-4.71%$0.739044
-3.69%$126.44
-1.82%$11.28
-0.11%$0.227798
-4.19%$3,537.67
-2.41%$0.80779
-10.67%$1.11
-11.67%$25.10
-3.08%$0.99917
-0.06%$1.00
-0.01%$0.999241
-0.05%$0.00369319
-4.24%$0.74175
-3.67%$20.65
-3.01%$0.659038
-1.76%$1.00
-0.02%$0.02796029
-8.25%$117,395.00
0.03%$1.02
0.01%$2,358.85
-0.38%$0.288204
13.34%$0.00415813
-9.19%$3,088.73
-1.66%$16.95
-0.21%$0.469406
0.02%$0.00329122
-8.92%Reading
Bitcoin treasury company MicroStrategy is so keen to buy its favorite asset that it has a new strategy: Increasing the amount of stock it has to sell to help finance the crypto purchases.
The software company’s shareholders voted for a 30x increase to the number of authorized Class A common shares, Bloomberg reported, citing a recording of the meeting.
The idea is that the company will have more resources to buy the cryptocurrency.
MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin. $MSTR https://t.co/SOgvMscghy
— Michael Saylor⚡️ (@saylor) January 21, 2025
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
In Tuesday’s vote, shareholders voted to increase the company’s Class A shares from 330 million to 10.3 billion.
Company founder and chairman Michael Saylor kicked off MicroStategy’s Bitcoin buying master plan in 2020, with a $250 million investment in the cryptocurrency.
Since then, the company hasn’t stopped buying the asset, with its strategy accelerating last year. As of today, the MicroStrategy owns 461,000 Bitcoin—worth over $49 billion—after announcing its latest Bitcoin buy.
Saylor claims that buying Bitcoin and holding it for the long-term is a way to get better returns for company shareholders and fight inevitable inflation, and has referred to the asset as “digital gold.”
And it’s apparently working: The company’s stock is up over 3,000% since the company announced its plan.
The company in December joined the Nasdaq-100, an index of the top 100 non-financial companies on the Nasdaq stock market, alongside tech titans like Apple and Microsoft.
Edited by Andrew Hayward
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