CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2025-01-21 14:08:54

MicroStrategy Buys 11,000 Bitcoin, For $1.1 Billion Strengthening Its Massive Holdings

The post MicroStrategy Buys 11,000 Bitcoin, For $1.1 Billion Strengthening Its Massive Holdings appeared first on Coinpedia Fintech News MicroStrategy, the business intelligence giant led by Michael Saylor, has made another significant buying in the cryptocurrency world. The company has purchased an additional 11,000 Bitcoins, spending approximately $1.1 billion on the acquisition, showing the company’s strong belief in Bitcoin’s long-term value. Bitcoin Holdings Continue to Grow In his recent tweet, Michael Saylor said that MicroStrategy bought 11,000 Bitcoin between January 13 and 20. The company spent $1.1 billion on this purchase, buying each Bitcoin at an average price of $101,191. This is the eleventh week in a row that the company has bought Bitcoin. MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin. $MSTR https://t.co/SOgvMscghy — Michael Saylor (@saylor) January 21, 2025 With this latest purchase, MicroStrategy now owns 461,000 Bitcoin. At today’s prices, this is worth $48 billion. The company has spent around $29 billion in total, with an average price of $63,610 for each Bitcoin. This large amount of Bitcoin shows how strongly MicroStrategy believes in it. The company continues to be one of the biggest institutional buyers of Bitcoin, showing its trust in the cryptocurrency. Yield on Bitcoin Investment Saylor also revealed that MicroStrategy has earned a Bitcoin yield of 1.69% so far in 2025. This means the company has managed to make gains on its holdings despite Bitcoin’s ups and downs. This consistent return highlights the company’s ability to benefit from its Bitcoin investments while staying true to its “buy and hold” approach. Michael Saylor’s Vision for Bitcoin Michael Saylor has always been vocal about his belief in Bitcoin’s potential. He sees it as a strong store of value and a reliable hedge against inflation. By consistently increasing MicroStrategy’s Bitcoin holdings, Saylor is showing his confidence in Bitcoin as a long-term asset.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta