MicroStrategy Plans $2 Billion Raise for Bitcoin Purchases in 2025
Two major corporate holders of bitcoin (BTC) plan to increase their holdings. Bitcoin development firm MicroStrategy (MSTR) intends to raise up to $2 billion through preferred stock offerings to finance more BTC purchases in early 2025.
In Japan, investment firm Metaplanet aims to acquire 10,000 BTC, valued at nearly $1 billion, this year while promoting broader bitcoin usage. CEO Simon Gerovich stated that the firm would utilize effective capital market tools and partnerships to enhance Bitcoin adoption both in Japan and globally.
Metaplanet is recognized as Japan's equivalent to MicroStrategy, currently holding $175 million worth of BTC and having a stock market capitalization of $830 million.
MicroStrategy holds approximately $44 billion in bitcoin and plans to execute its “21/21 Plan,” which involves raising $21 billion in equity and $21 billion in fixed-income instruments over three years. Co-founder Michael Saylor hinted at a potential bitcoin purchase with a post featuring the SaylorTracker, a graph tracking the firm's acquisitions.
Since late 2024, Saylor has shared updates on the SaylorTracker prior to announcing new purchases, often leading to price fluctuations in BTC. As of Monday morning in Asia, BTC trades above $99,700, approaching the six-figure mark amid increased activity in options markets.