On January 21, 2025, MicroStrategy, the business intelligence company led by Michael Saylor, announced the acquisition of 11,000 additional bitcoins for a total amount of $1.1 billion. This transaction was made at an average price of $101,191 per BTC. With this new acquisition, MicroStrategy now holds an impressive total of 461,000 BTC, acquired for a total amount of $29.3 billion, or an average price of $63,610 per bitcoin.
11,000 additional bitcoin for MicroStrategy
This 11,000 BTC acquisition marks MicroStrategy's third BTC purchase operation in January 2025, and the largest of the year so far. The company has purchased a total of 14,600 bitcoins since the start of the year. Thanks to this aggressive acquisition strategy, MicroStrategy has managed to achieve a return of 1.69% on its bitcoins since the start of 2025.
Michael Saylor, co-founder and staunch supporter of Bitcoin, has often expressed his belief that BTC represents a superior store of value and a hedge against inflation. This latest acquisition therefore strengthens MicroStrategy's position as the largest institutional holder of BTC in the world.
A bold but risky strategy!
Buying these 11,000 BTC was funded by the sale of 3,012,072 MicroStrategy shares, pursuant to an agreement to sell convertible notes. This strategy allows the company to raise funds while increasing its bitcoin reserves, thereby consolidating its position in the crypto market.
However, this policy of massive BTC acquisition is not without risks. Volatility in the cryptocurrency market may cause significant fluctuations in the value of assets held by MicroStrategy. Nevertheless, Michael Saylor remains optimistic about the future of bitcoin and continues to promote its widespread adoption.
MicroStrategy's recent acquisition of 11,000 BTC demonstrates the company's unwavering confidence in the potential of Bitcoin. This bold strategy could have significant implications for the cryptocurrency market and inspire other companies to follow suit.
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