MicroStrategy strikes again! Splurges $1.5 billion to buy 15,000 BTC, increasing its holdings to over 400,000 coins

MicroStrategy, the company with the most BTC holdings in the world, has once again become the focus of the market. According to the document submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, the company bought an additional 15,400 BTC at an average price of $95,976 last week, spending a total of $1.5 billion.

MicroStrategy's additional funds for BTC mainly come from the sale of 3,728,507 shares of company stock during the same period, with the sale amount equal to the amount spent on purchasing BTC.

As of December 1st, MicroStrategy still has approximately $11.3 billion in stocks available for sale, which is part of the company's $21 billion stock issuance plan and $21 billion fixed income securities issuance plan. MicroStrategy's goal is to raise $42 billion in the next 3 years to support the company's ongoing expansion of BTC investment strategy.

As of now, MicroStrategy's BTC holdings have reached 402,100 coins, accounting for approximately 1.9% of the total BTC supply (21 million coins). Based on the current market capitalization calculation, the total value exceeds 38 billion US dollars.

According to Michael Saylor, co-founder and CEO of MicroStrategy, the average cost of BTC held by MicroStrategy is approximately $58,263 per coin, with a total cost of approximately $23.4 billion (including related fees and expenses).

This is MicroStrategy's fourth consecutive week of announcing a large-scale increase in BTC. Just last Monday, the company bought 55,500 BTC for about $5.4 billion in cash, at an average price of $97,862 per coin; and the week before that, MicroStrategy spent another $4.6 billion to buy about 51,780 BTC.

MicroStrategy has adopted an indicator called 'Bitcoin Yield' to measure the changes in BTC holdings and stock dilution ratio. The company's BTC yield rate has reached 63.3% since the beginning of the year, indicating a significant increase in BTC holdings while diluting equity, bringing potential returns to shareholders.

It is worth mentioning that Michael Saylor recently suggested to Microsoft CEO Satya Nadella and the board of directors that BTC should be included in Microsoft's financial reserve assets. He said, 'Microsoft cannot afford to miss the next wave of technological innovation, and that wave is BTC.'

MicroStrategy is at it again! Splurging $1.5 billion to buy 15,000 BTC, pushing its holdings to over 400,000 coins. This article was first published on "Blocklike".