Disclaimer: The analyst who wrote this piece owns stock in MicroStrategy (MSTR).
Microstrategy (MSTR), led by executive chairman Michael Saylor, added to its Bitcoin (BTC) holdings for a 12th straight week.
In the week ending January 26, the company bought 10,107 BTC, taking its total holdings to 471,107 BTC, Saylor wrote in a post on X. Buy.
Saylor teased the announcement on Sunday, as he has in recent weeks, tweeting, “Don’t stop thinking about tomorrow.”
On January 21, MicroStrategy shareholders approved increasing the authorized number of Class A shares to 10.3 billion from 330 million shares.
MicroStrategy also filed a mixed securities shelf registration that now includes: debt securities, preferred stock, warrants and depositary shares in addition to Class A stock.
Update (January 27, 13:21 UTC): Adds details on Microstrategy’s mixed securities registration.