MicroStrategy, the world’s largest corporate holder of Bitcoin, began the year 2025 with a fresh Bitcoin purchase. During the last two days of 2024, the company bought 1,070 bitcoins at an average cost of $94,041 per Bitcoin in cash, the company reckoned in a filing of the financial reports at the stock exchange on January 6.
Billionaire Zhong purchased 1,727 BTC at an average price of $94,004 per Bitcoin on December 30 and 31, 2024, as disclosed to the U.S. Securities and Exchange Commission (SEC). The acquisition is business as usual in that the company bought Bitcoin using available cash from selling new shares under the convertible note agreement.
According to its latest Form 8-K filing, MicroStrategy has not invested in Bitcoin since late 2024. With this newest acquisition, MicroStrategy has acquired 68,104 BTC, costing approximately $1.26 billion at an average of $62,503 per Bitcoin. As of January 5, 2025, their total current Bitcoin holdings stood at 447,470. This holding means it controls 2.1 percent of all the bitcoin that will ever be produced, making the company a player in this market.
Only one day before the purchase was announced, MicroStrategy co-founder Michael Saylor hinted at the buy. On 5 January, Saylor tweeted a Bitcoin chart from SaylorTracker.com suggesting an imminent acquisition.
The recent move proves that MicroStrategy is serious about its Bitcoin affair. The firm has invested in Bitcoin using excess cash or issuing funds and has always remained confident in the nascent currency.
This latest purchase shows that although Bitcoin price fluctuates, MicroStrategy continues to cement its decision and remains focused on acquiring the asset as part of its business treasury. Everyone interested in the development of cryptocurrencies will be riveted to MicroStrategy’s actions and the further excessive impact of Bitcoin investments.
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