MicroStrategy Ends 12-Week Consecutive Bitcoin Purchase Run, Stops Additional Purchases

Michael Saylor, chairman of the MicroStrategy board of directors, recently announced that the company plans to acquire Bitcoin through a traditional public stock sale.
"As of February 2nd, MicroStrategy holds 471,107 BTC, with a total purchase price of over $30 billion," Saylor wrote in a post on X.
He added that the company did not sell any additional shares between Jan. 27 and Feb. 2.
This comes after MicroStrategy announced it had purchased an additional 10,000 BTC.
With this announcement, MicroStrategy has ended its Bitcoin purchases, which it had been making for 12 consecutive weeks since just before the November 2024 U.S. presidential election.
MicroStrategy began full-scale Bitcoin investment in August 2020 with the purchase of 21,454 BTC, and is currently one of the world's largest corporate investors.
It is positioned as one of the Bitcoin holders.