Microstrategy, Inc. (MSTR) did not purchase any bitcoin last week
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Microstrategy, Inc. (NASDAQ: MSTR) disclosed:
On February 3, 2025, MicroStrategy Incorporated (the “Company”) announced that, during the period between January 27, 2025 and February 2, 2025, the Company did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin.
As previously announced, on January 30, 2025, the Company priced its offering of 7,300,000 shares of 8% Series A Perpetual Strike Preferred Stock for $80 per share, for total net proceeds of $563.4 million. This offering is expected to close on February 5, 2025, subject to customary closing conditions, and the Company intends to use the proceeds from this offering for general corporate purposes, including the acquisition of bitcoin.
As of February 2, 2025, the Company, together with its subsidiaries, held an aggregate of approximately 471,107 bitcoins, which were acquired at an aggregate purchase price of approximately $30.4 billion and an average purchase price of approximately $64,511 per bitcoin, inclusive of fees and expenses.
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