MicroStrategy made its latest Bitcoin purchase between Oct. 31 and Nov. 10, at an average price of US$74,463 per BTC. That brings the business intelligence firm’s Bitcoin holdings to 279,420 BTC, making it the largest corporate Bitcoin holder.
The US-based company has invested a total of US$11.9 billion into Bitcoin, with an average purchase price of US$42,692 against Bitcoin’s current value of around US$87,000. Their strategic timing showcases the potential of long-term positioning in the digital asset market.
The acquisition follows MicroStrategy’s announcement of its “21/21 plan,” an ambitious strategy to raise US$42 billion in equity and fixed-income securities for future Bitcoin investments. This move coincides with a broader shift in corporate treasury management, as businesses worldwide reassess traditional financial strategies.
Japan’s investment firm Metaplanet has joined this trend, announcing plans to raise 299.7 million yen (US$2 million) for Bitcoin purchases. Their partnership with SBI VC Trade, a crypto subsidiary of the SBI Group, aims to enhance tax efficiency and enable Bitcoin-collateralized financing.
The trend extends beyond simple acquisition. Companies are seeking sophisticated solutions for custody, tax efficiency, and strategic implementation of digital assets. As MicroStrategy CEO Michael Saylor demonstrates with his firm’s US$11.9 billion total investment, the market for corporate crypto services continues to expand, driven by geopolitical shifts and inflationary pressures.
With Bitcoin reaching new heights post-US elections, this institutional momentum appears poised to continue, creating ripple effects throughout the financial services ecosystem.