BTC surged again to over $107,000 in the early morning of today (22nd), although it has retreated to $105,786 at the time of writing, it is still in a volatile upward trend overall.
It is worth noting that the Bitcoin holding giant MicroStrategy announced the "21/21" plan in October last year, and this proposal was officially passed at the shareholders' meeting last (21st) night, increasing the number of Class A common shares authorized for the company from 330 million to 10.3 billion.
This not only makes the company one of the companies with the largest number of common shares included in the NASDAQ 100 index, but it also means that MicroStrategy will be able to continue to sell more shares in the future to raise more funds to purchase BTC.
MicroStrategy Adds Another 11,000 BTC
In addition, last night, MicroStrategy founder Michael Saylor also posted that MicroStrategy had purchased another 11,000 BTC for $1.1 billion at an average price of $101,191 between January 13 and 20.
According to the latest statistics from bitcointreasuries, MicroStrategy's BTC holdings have now reached 461,000 BTC, with a total value of $48.51 billion, and a total purchase cost of about $29.32 billion, with an unrealized profit of $19.2 billion.
Last night, in addition to MicroStrategy, several other companies also bought BTC or approved BTC reserve plans, indicating that the corporate appetite for BTC continues to heat up, including:
- Reinsurance company Oxbridge announced that its board of directors has approved the decision to use BTC and ETH as treasury reserve assets;
- Publicly traded company KULR added another $8 million worth of BTC, bringing its total holdings to 510 BTC (the company only launched its BTC reserve plan in December last year);
- AI-listed company Genius Group added $5 million worth of BTC, bringing its total holdings to 420 BTC, worth about $40 million.
Institutional BTC Holdings Reach 3 Million BTC
Another astonishing statistic is that according to bitcointreasuries, the current institutional (publicly traded companies, investment firms, exchanges, governments, etc.) BTC holdings have already reached over 3 million BTC, accounting for 14.3% of the total BTC supply, with a total value of $31.673 billion.
Among them, MicroStrategy's 461,000 BTC holdings rank first, Bitcoin miner MARA Holdings holds 44,900 BTC ranking second, and miner Riot Platforms holds 17,700 BTC ranking third, while Elon Musk's Tesla holds 9,720 BTC ranking sixth.
