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MicroStrategy Buys An Additional 11,000 Bitcoin For $1.1 Billion

Tue 21 Jan 2025 ▪ 3 min read ▪ by Eddy S.
Getting informed Regulation Crypto

On January 21, 2025, MicroStrategy, the economic intelligence company led by Michael Saylor, announced the acquisition of an additional 11,000 bitcoins for a total amount of $1.1 billion. This transaction was carried out at an average price of $101,191 per BTC. With this new acquisition, MicroStrategy now holds an impressive total of 461,000 BTC, acquired for a total amount of $29.3 billion, representing an average price of $63,610 per bitcoin.

A bitcoin investor representing MicroStrategy with a bag full of money

11,000 additional bitcoins for MicroStrategy

This acquisition of 11,000 BTC marks the third operation of BTC purchases by MicroStrategy in January 2025, and the largest of the year so far. The company has thus purchased a total of 14,600 bitcoins since the beginning of the year. Thanks to this aggressive acquisition strategy, MicroStrategy has managed to achieve a yield of 1.69% on its bitcoins since the beginning of 2025.

Michael Saylor, co-founder and passionate advocate for Bitcoin, has often expressed his belief that BTC represents a superior store of value and a hedge against inflation. This latest acquisition therefore strengthens MicroStrategy’s position as the world’s largest institutional holder of BTC.

A bold but risky strategy!

The purchase of these 11,000 BTC was financed by the sale of 3,012,072 MicroStrategy shares, in accordance with a convertible note sale agreement. This strategy allows the company to raise funds while increasing its bitcoin reserves, thus consolidating its position in the crypto market.

However, this massive BTC acquisition policy is not without risks. The volatility of the cryptocurrency market can lead to significant fluctuations in the value of the assets held by MicroStrategy. Nevertheless, Michael Saylor remains optimistic about the future of bitcoin and continues to promote its large-scale adoption.

The recent acquisition of 11,000 BTC by MicroStrategy reflects the company’s unwavering confidence in Bitcoin’s potential. This bold strategy could have significant repercussions on the cryptocurrency market and inspire other companies to follow suit.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.