MicroStrategy, the enterprise software company known for its large Bitcoin holdings, continues to accumulate the cryptocurrency despite recent price declines. The company recently purchased 1,070 BTC for approximately $101 million, bringing its total Bitcoin holdings to 447,470 BTC. MicroStrategy's Bitcoin buying trend has been marked by smaller, strategic acquisitions in recent weeks.
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In 2024 alone, MicroStrategy purchased 258,320 BTC for $22.07 billion, or almost $85,450 per BTC. As of Jan. 5, 2025, MicroStrategy holds 447,470 BTC acquired for about $27.97 billion, or almost $62,503 per Bitcoin.the acquisition of 1,070 BTC for approximately $101 million, or $94,004 per Bitcoin, just days after revealing that it would acquire more of the cryptocurrency through perpetual preferred stock, common shares and debt.
MicroStrategy has bought Bitcoin for nine consecutive weeks, reflecting a trend of smaller yet strategic acquisitions as co-founder and chairman Michael Saylor aims to advance its Bitcoin holding strategy. At the start of January, MicroStrategy announced its plans to raise $2 billion through one or more offerings of perpetual preferred stock, which would be senior to its class A common stock, in the first quarter of 2025.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
MICROSTRATEGY BITCOIN HOLDINGS INVESTMENTS ACQUISITIONS
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