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Crypto Potato 2025-01-27 12:43:13

MicroStrategy Announces Another Billion Dollar Bitcoin Purchase

Michael Saylor, the founder and former CEO of MicroStrategy, announced the company’s latest massive acquisition of BTC. The firm has stayed consistent for the past several months in announcing new bitcoin buys on the first business day of each week. MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield of 2.90% YTD 2025. As of 1/26/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/UM5dGUS9Ma — Michael Saylor (@saylor) January 27, 2025 The NASDAQ-listed software giant, which is also the world’s largest corporate holder of the flagship cryptocurrency, has spent $1.1 billion in its latest purchase to accumulate 10,107 BTC. The average price was $105,596 per bitcoin. Its total stash has grown to 471,107 BTC, bought for $30.4 billion (at an average price of $64,511 per BTC). Despite today’s correction, that stash is now valued at more than $46.6 billion, which puts MicroStrategy’s paper gains at well over $15 billion. The company has announced new BTC purchases every week for the past several months and has frequently outlined plans to raise more money to funnel into bitcoin. Interestingly, most of the previous announcements on Monday (or Tuesday, like last week’s) were followed by BTC price corrections. Now, though, the asset had already dropped by $7,000 since this morning, and it would be intriguing to observe its price action throughout the day. The post MicroStrategy Announces Another Billion Dollar Bitcoin Purchase appeared first on CryptoPotato .