MicroStrategy increases Bitcoin holdings to 450,000 BTC with $243 million purchase, continuing long-term investment strategy under CEO Michael Saylor.
In a major move in the world of Bitcoin, MicroStrategy has made another big purchase of Bitcoin. It spent $243 million and purchased 2,530 BTC. The average price at which the Bitcoin was purchased is $95,972. MicroStrategy holds 450,000 BTC, which essentially cost it $28.2 billion as of January 12, 2025. They mean that the average price of the Bitcoin they hold is $62,691. So far this year, their Bitcoin yield is just 0.32%.
Previously, on January 6, 2025, to date, MicroStrategy had bought 1,070 BTC for $101 million. The average price of Bitcoin was $94,004. This is part of the company’s continued plan to build its Bitcoin reserves. MicroStrategy’s commitment to Bitcoin as a long-term investment is demonstrated by these large acquisitions.
MicroStrategy Leads the Charge with $18 Billion Bitcoin Investment, Eyes Future Growth
Michael Saylor, CEO of MicroStrategy, has been a passionate devotee of Bitcoin. He also proposed a bold vision for digital assets in the U.S. The U.S. government should make Bitcoin reserves, Saylor says. This could generate between $16 trillion and $81 trillion in wealth for the U.S. Treasury, he suggests. Further, he thinks Bitcoin can help decrease the national debt. Saylor thinks Bitcoin might be a game changer for the U.S. economy.
In the past ten weeks, MicroStrategy has spent more than $18 billion to buy up Bitcoin. The company is valued at $81B, which exceeds its Bitcoin net asset value. To pay this much premium, investors have to be confident about the company’s strategy. Bitcoin is seen by them as having long-term value.
Overall, MicroStrategy is posting a distinctive position in Bitcoin. However, Bitcoin, which the company sees as part of the future, continues to be bought in large quantities by the company. If Michael Saylor’s vision for the Bitcoin world comes to pass, it could reshape the way the U.S. conducts its financial policies. If it finds favor, Bitcoin may turn out to have a leading role in the future of global finance. These investments put MicroStrategy among leaders in the digital asset space. Only time will tell if the strategy will pay in the long run.
