"MicroStrategy Doubles Down on Bitcoin, Buys 10,107 BTC for $1.1B"

MicroStrategy, the software intelligence giant, has once again made headlines with its audacious investment strategy, this time adding 10,107 Bitcoin (BTC) to its already substantial holdings. The company acquired the additional BTC between January 21 and January 26, at an average price of $105,596 per coin, totaling $1.1 billion. This latest purchase underscores MicroStrategy's unwavering commitment to Bitcoin as its central asset strategy.

Concurrently, MicroStrategy sold 2,765,157 of its shares, a move that forms part of its ambitious plan to sell up to $4.35 billion in equity and an equal amount in fixed-income securities. The company aims to secure $42 billion over the next three years, primarily for purchasing more Bitcoin. This dual strategy of share dilution and strategic accumulation reflects the firm's confidence in Bitcoin's long-term value.

As a result of this latest acquisition, MicroStrategy's Bitcoin holdings now stand at an impressive 471,107 BTC, valued at over $46 billion. The company's cumulative acquisition cost, including fees and expenses, is about $30.4 billion, translating to an average price of $64,511 per Bitcoin. This positions MicroStrategy as the largest corporate Bitcoin holder, holding over 2.2% of Bitcoin's total 21 million supply.

To gauge its performance and justify its strategy to shareholders, MicroStrategy employs a proprietary metric called Bitcoin Yield. This measures the percentage change in Bitcoin holdings relative to the company's diluted shares.

Michael Saylor, MicroStrategy's co-founder and executive chairman, has been vocal about the company's Bitcoin plans. For 11 consecutive weeks, he posted hints about the company's Bitcoin purchases. On January 19, he shared a Bitcoin chart, signaling that the firm planned to buy more soon. A few days earlier, the company bought 2,350 BTC worth $243 million, pushing its Bitcoin stash to 450,000 BTC valued at a whopping $47.3 billion.

Saylor's Bitcoin advocacy extends beyond his company. He urged Microsoft's CEO, Satya Nadella, and its board to adopt Bitcoin as a treasury asset. He boldly predicted that doing so could drive