Michael Saylor’s MicroStrategy Buys Another $243M in Bitcoin
Continuing the company’s acquisition strategy that has proven to be fruitful to this point, Michael Saylor’s MicroStrategy has purchased another $243 million worth of Bitcoin. Indeed, the business intelligence firm has added another 2,530 BTC to its growing stash of the leading cryptocurrency.
Since August of 2020, the company has adopted a Bitcoin buying strategy. The asset’s unprecedented performance last year saw the move do wonders for MicroStrategy (MSTR) stock, surging to an all-time high of $473 in November of last year. With BTC expected to have another dominant year in 2025, the company has shown no signs of slowing down its buying habits.
JUST IN: Michael Saylor's MicroStrategy buys another 2,530 Bitcoin worth $243 million.
— Watcher.Guru (@WatcherGuru) January 13, 2025
Also Read: MicroStrategy: MSTR a New Wall Street Favorite As it Outperforms Bitcoin
MicroStrategy Does It Again: MSTR Buys $243 Million in Bitcoin as Holding Reach $450,000 BTC
For the final few months of last year, 2025 was always poised to be incredibly important for the digital asset sector. It certainly has big shoes to fill. 2024 saw the inaugural approval of two crypto-based ETFs. Moreover, it propelled Bitcoin to a six-figure price for the first time in its history.
The token’s continued ascension will only continue to benefit some of its most ardent believers. Chief among them is Michael Saylor, whose business intelligence firm MicroSTrateyg has purchased yet another $243 million worth of Bitcoin.
Also Read: Michael Saylor’s MicroStrategy Buys Another $101M in Bitcoin
According to a press release, the move puts the company’s total Bitcoin stash above the 450,000 BTC mark. Moreover, the current haul came with an average price of $95,972 per BTC. Additionally, the company had sold 710,425 MicroStrategy sales for the same amount in order to fund the continued purchases.
The Saylor-led firm has said that $6.53 billion worth of shares remain for sale as part of its groundbreaking 21/21 plan. Indeed, the company is seeking a $21 billion equity offering and a $21 billion fixed-income securities capital raise. Subsequently, it would target a total Bitcoin acquisition worth more than $42 billion.
Read More
Metaplanet Boosts Bitcoin Purchases: Eclipses 2024 Totals in 2 Months
Michael Saylor’s MicroStrategy Buys Another $243M in Bitcoin
Continuing the company’s acquisition strategy that has proven to be fruitful to this point, Michael Saylor’s MicroStrategy has purchased another $243 million worth of Bitcoin. Indeed, the business intelligence firm has added another 2,530 BTC to its growing stash of the leading cryptocurrency.
Since August of 2020, the company has adopted a Bitcoin buying strategy. The asset’s unprecedented performance last year saw the move do wonders for MicroStrategy (MSTR) stock, surging to an all-time high of $473 in November of last year. With BTC expected to have another dominant year in 2025, the company has shown no signs of slowing down its buying habits.
JUST IN: Michael Saylor's MicroStrategy buys another 2,530 Bitcoin worth $243 million.
— Watcher.Guru (@WatcherGuru) January 13, 2025
Also Read: MicroStrategy: MSTR a New Wall Street Favorite As it Outperforms Bitcoin
MicroStrategy Does It Again: MSTR Buys $243 Million in Bitcoin as Holding Reach $450,000 BTC
For the final few months of last year, 2025 was always poised to be incredibly important for the digital asset sector. It certainly has big shoes to fill. 2024 saw the inaugural approval of two crypto-based ETFs. Moreover, it propelled Bitcoin to a six-figure price for the first time in its history.
The token’s continued ascension will only continue to benefit some of its most ardent believers. Chief among them is Michael Saylor, whose business intelligence firm MicroSTrateyg has purchased yet another $243 million worth of Bitcoin.
Also Read: Michael Saylor’s MicroStrategy Buys Another $101M in Bitcoin
According to a press release, the move puts the company’s total Bitcoin stash above the 450,000 BTC mark. Moreover, the current haul came with an average price of $95,972 per BTC. Additionally, the company had sold 710,425 MicroStrategy sales for the same amount in order to fund the continued purchases.
The Saylor-led firm has said that $6.53 billion worth of shares remain for sale as part of its groundbreaking 21/21 plan. Indeed, the company is seeking a $21 billion equity offering and a $21 billion fixed-income securities capital raise. Subsequently, it would target a total Bitcoin acquisition worth more than $42 billion.
Read More