Shares of MicroStrategy Inc. (MSTR) fell nearly 1% in pre-market trading on Tuesday after Bitcoin (BTC) prices tumbled from highs of $109,114.88 to as low as $100,103.96 on Monday. President Donald Trump was expected to mention Bitcoin during his inauguration speech on Monday.

Business analytics firm MicroStrategy Inc. (NASDAQ:MSTR) on Tuesday announced it has expanded its Bitcoin (CRY

MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.

MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.

MicroStrategy (MSTR) stock has been on an incredible upward trajectory, delivering jaw-dropping returns for its investors. In 2024, the stock soared an astounding 358.54%, vastly outpacing the S&P 500 Index’s ($SPX) 23.

MicroStrategy continues its Bitcoin acquisition strategy with a new $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor.

The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.

The MicroStrategy CEO is buying as much of the cryptocurrency as he can. Some big-name investors are going along for the ride.

On Jan. 21, MicroStrategy ( MSTR, Financial) will vote to boost its authorized Class A common share count from 330 million to 10.3 billion. The move is to raise $2 billion of funds from its preferred stock offering in order to secure money for its Bitcoin (BTC) acquisition strategy.

The ghost of John McAfee's bold Bitcoin bet lives on as industry leaders make astronomical price predictions—minus the anatomical wagers.

"The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun," Sacks said, speaking on Friday at the so-called crypto ball event, intended to drive support for Trump among the crypto community and demonstrate its value to the incoming administration.

MicroStrategy Inc. is considering perpetual preferred stock to fund its Bitcoin strategy, aiming to offer 1.5x returns and volatility. Trump admin may support crypto industry and repeal SEC rule.