MicroStrategy co-founder Michael Saylor announced on Jan. 5 that the company currently holds 446,400 Bitcoin, worth approximately $43.7 billion. He shared the Bitcoin tracker data from SaylorTracker, typically posted before making new purchases. Saylor's comments suggest a Bitcoin acquisition could occur soon. In recent weeks, MicroStrategy has expanded its plans, seeking to finance Bitcoin purchases under its 21/21 strategy by issuing $21 billion in equity and another $21 billion in fixed-income securities. The company also requested shareholder approval to increase its stock from 330 million to 10.3 billion shares and its preferred stock from 5 million to over 1 billion shares. This financing effort is separate from a perpetual preferred stock offering aimed for Q1 2024, which will prioritize claims over common shareholders in case of liquidation. MicroStrategy's recent inclusion in the Nasdaq 100 index provides traditional investors with indirect exposure to Bitcoin, highlighting the firm's commitment to its corporate treasury strategy.

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