Will MicroStrategy’s Bitcoin purchases ever end? For the moment, Michael Saylor's firm persists. The latter has just announced the acquisition of 11,000 BTC at an average price of $101,190.
MicroStrategy Persists and Signs on with New $1 Billion Bitcoin Purchase
The company of business intelligence MicroStrategy, the world's leading Bitcoin holding company, announced a new purchase of 11,000 BTC with a total value of approximately $1.1 billion.
Made between January 13 and 20, 2025, this acquisition was made at an average price of $101,191 per BTC, according to a document filed by Michael Saylor's firm with the Securities and Exchange Commission (SEC).
This purchase brings MicroStrategy's total Bitcoin reserves to 461,000 BTC, i.e. more than 2.13% of the total supplyfor an overall cost of $29.3 billion at an average price of $63,610 per Bitcoin.
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MicroStrategy does not seem frightened by the lateralization of Bitcoin, which is struggling to exceed the range of 100 to 110,000 dollars. On this subject, Michael Saylor stated that the company remained committed to its vision of Bitcoin as a strategic asset and store of value.
The purchase was financed by the sale of 3 million MicroStrategy shares during the same period, part of a program to raise $42 billion through the issuance of shares and convertible bonds, the famous “21/21 Plan”.
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The arrival of Donald Trump in power suggests a relaxation of regulations in the United States, which had been expected for a while by the local industry. The promises having been made, it will now be a matter of keeping them. If this were the case, then there is no doubt that other companies could follow MicroStrategy's lead.
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Source: Press release
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