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MicroStrategy Files Mixed Shelf, Buys $1.1 Billion Worth of Bitcoins; Shares Down
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MicroStrategy Files Mixed Shelf, Buys $1.1 Billion Worth of Bitcoins; Shares Down
Jan 27, 2025 9:22 AM

11:57 AM EST, 01/27/2025 (MT Newswires) -- MicroStrategy ( MSTR ) filed a registration statement Monday for the potential sale of an unspecified amount of various securities from time to time.

The filing covers debt securities, class A common stock, preferred stock, depositary shares, warrants and units, the company said. MicroStrategy ( MSTR ) said it plans to use the net proceeds to acquire more bitcoin and for general corporate purposes.

The company said in a separate filing Monday that between Jan. 21 and 26, it acquired 10,107 bitcoins for about $1.1 billion in cash at an average price of about $105,596 per bitcoin.

As of Jan. 26, the company and its subsidiaries held a total of 471,107 bitcoins acquired at a total price of about $30.4 billion and an average price of about $64,511 per bitcoin, MicroStrategy ( MSTR ) said.

The company's shares were down 4% in recent Monday trading.

Price: 339.37, Change: -14.30, Percent Change: -4.04

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