Crypto:
33290
Bitcoin:
$92.167
% 2.99
BTC Dominance:
%56.4
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Market Cap:
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% 0.61
Fear & Greed:
69 / 100
Bitcoin:
$ 92.167
BTC Dominance:
% 56.4
Market Cap:
$3.32 T

MicroStrategy Reaches 450,000 Bitcoin!

Microstrategy Reaches 450000 Bitcoin

U.S. based software company MicroStrategy continues its Bitcoin investments without slowing down. The company has reached a total of 450,000 Bitcoin with its latest investment. Here are the details:

$243 Million Bitcoin Purchase

MicroStrategy announced on January 13, 2025, that it purchased 2,530 Bitcoin worth approximately $243 million. This new acquisition was financed through proceeds from the company’s share sale program.

MicroStrategy had initiated a program on October 30, 2024, allowing for share sales of up to $21 billion. Under this program, in transactions completed on January 13, the company:

  • Sold 710,425 Class A shares
  • Generated total net proceeds of $243 million

All proceeds were directed toward Bitcoin investments. This share sale program has become a key funding source to support the company’s long-term Bitcoin strategy.

Bitcoin Portfolio and Average Cost

With recent purchases, MicroStrategy and its subsidiaries’ Bitcoin portfolio has reached the following figures:

  • Total Bitcoin Amount: 450,000 units
  • Dollar Value of Bitcoin Holdings: $41.18 billion
  • Average Purchase Price per Bitcoin: $62,661
Microstrategy
Source: Saylor Tracker

MicroStrategy’s substantial portfolio makes it one of the largest institutional Bitcoin investors globally and increases its influence on the market.

Future Share Sale Potential

The share sale program initiated by MicroStrategy creates funding for additional Bitcoin purchases. The company still has the potential to sell shares worth $6.53 billion under this program. This situation keeps the possibility of further expanding the company’s Bitcoin portfolio on the agenda.

Strategic Role of Bitcoin

MicroStrategy positions Bitcoin as a store of value and a hedge against inflation. While the company’s strategy contributes to increasing institutional trust in cryptocurrencies, it also encourages individual investors. MicroStrategy’s CEO Michael Saylor stands out as one of the biggest advocates of this vision, and the company’s Bitcoin-focused strategy is closely monitored in the financial world.

READ:  Grayscale CEO Talks About Bitcoin ETF!

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