MicroStrategy has increased its Bitcoin holdings for the ninth consecutive week.

The latest Bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it plans to raise up to $2 billion via a preferred stock offering to acquire more Bitcoin.

The company's Bitcoin purchases make it the leader among publicly traded firms. In the week ending January 5, MicroStrategy acquired an additional 1,070 BTC for approximately $101 million, bringing its total holdings to 447,470 BTC.

This forward-looking capital raise allows MicroStrategy to enhance its Bitcoin portfolio significantly. The offering of preferred stock is designed to provide shareholders with dividends and potential conversions into Class A common stock. This capital initiative is separate from an existing equity plan aiming for $21 billion.

MicroStrategy is strategically focusing on solidifying its position in the digital asset landscape through incremental purchases and robust capital raises.
MicroStrategy aims to acquire more Bitcoin through significant financing, enhancing its strategic asset allocation.