MicroStrategy Buys 11,000 Bitcoin, Total Holdings Reach 461,000 BTC
Posted On January 21, 2025
Business analytics firm MicroStrategy Inc. (NASDAQ:MSTR) on Tuesday announced it has expanded its Bitcoin (CRYPTO: BTC) holdings by purchasing an additional 11,000 BTC for approximately $1.1 billion, averaging $101,191 per coin.
This acquisition brings the company’s total Bitcoin assets to 461,000 BTC, acquired at an aggregate cost of $29.3 billion, with an average purchase price of $63,610 per Bitcoin.
The company’s consistent Bitcoin acquisitions have positioned it as one of the largest corporate holders of the cryptocurrency.
MicroStrategy has funded its Bitcoin purchases using a combination of at-the-market stock sales and …
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