$BTC
Michael Saylor, co-founder of MicroStrategy, has hinted at a potential resumption of Bitcoin acquisitions following a brief pause. On February 24, 2025, Saylor shared a Bitcoin chart on social media, a gesture that has historically preceded the company's purchase announcements. The most recent acquisition, completed on February 10, involved 7,633 BTC, bringing MicroStrategy's total holdings to 478,740 BTC.
MicroStrategy has invested approximately $31 billion in Bitcoin at an average price of $65,000 per coin, resulting in nearly $15 billion in unrealized gains. This aggressive investment strategy has inspired 78 companies worldwide to adopt similar approaches, aiming to boost their market standing by incorporating Bitcoin into their treasury reserves.
As of February 24, 2025, Bitcoin (BTC) is trading at $95,970, reflecting a slight increase of 0.21% from the previous close. The intraday high is $96,506, and the intraday low is $95,097.
MicroStrategy's continued commitment to Bitcoin underscores the growing trend of corporations integrating cryptocurrency into their financial strategies, potentially influencing broader market dynamics.
