MicroStrategy Increases Bitcoin Holdings to 450,000 BTC
On January 13, 2025, MicroStrategy purchased 2,530 BTC for $243 million at an average price of $95,972 per Bitcoin. This brings the company’s total holdings to 450,000 BTC, acquired at a cumulative cost of $28.2 billion and an average price of $62,691 per Bitcoin.
Bitcoin Commitment
Executive Chairman Michael Saylor reaffirmed confidence in Bitcoin, calling it a secure and widely adopted digital asset with long-term value.
Market Impact
Bitcoin’s price recently dropped to $91,011, reflecting broader market volatility from rising U.S. Treasury yields and potential prolonged Federal Reserve rate hikes. MicroStrategy’s stock (MSTR) also declined, following Bitcoin’s trend.
Why It Matters
Institutional Adoption: Highlights growing acceptance of Bitcoin by corporations.
Market Influence: Large acquisitions can shift sentiment.
Risk Exposure: Financial performance ties closely to Bitcoin’s volatility.
MicroStrategy’s approach demonstrates strong belief in Bitcoin’s future, despite risks of price fluctuations.
