MicroStrategy Once Again Takes Advantage of the Fall in Bitcoin for a Massive Acquisition

MicroStrategy, under the leadership of Michael Saylor, continues to strengthen its position as the largest holder of bitcoin. Currently, the company has purchased 2,530 BTC for an amount of 243 million dollars! Thus demonstrating its confidence in the long-term potential of BTC, despite the current macroeconomic challenges.

MicroStrategy acquires an additional $243 million in bitcoin!

The company MicroStrategy, headed by Michael Saylor, has just made a massive purchase of an additional 2,530 BTC for a price of 243 million dollars. This acquisition took place during a market correction, where the price of BTC fell below the psychological barrier of 100,000 dollars from January 7th. Indeed, MicroStrategy took advantage of this drop to buy BTC at an average price of 95,972 dollars.

With this new acquisition, MicroStrategy now holds more than 450,000 BTC, acquired for a total of 28.2 billion dollars at an average price of 62,691 dollars per bitcoin. This position reinforces the company’s strategy to position itself as a major player in the crypto ecosystem.

BTC faces persistent challenges

The massive BTC purchase by MicroStrategy, as well as by other speculative cryptocurrency funds, has led to a decrease in bitcoin reserves on exchanges, reaching a level close to what was observed seven years ago! This could signal an imminent “supply shock”, where strong buyer demand meets a decreasing amount of BTC, resulting in a price appreciation.

Furthermore, the strength of the US dollar, supported by the FED’s restrictive monetary policies, continues to weigh on the price of bitcoin. Bybit Research analysts note that BTC and cryptocurrencies react strongly to macroeconomic news, particularly regarding the slow reduction of interest rates by the Fed in 2025.

In summary, this bitcoin purchase by MicroStrategy during a market correction, highlights the company’s confidence in the long-term potential of this cryptocurrency. However, macroeconomic challenges persist, and investors will need to remain vigilant in the face of market fluctuations.