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Reading: MicroStrategy Buys 10.1K Bitcoin for $1.1B, Taking Holdings to 471,107 BTC
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Your Crypto News Today > News > Crypto > Bitcoin > MicroStrategy Buys 10.1K Bitcoin for $1.1B, Taking Holdings to 471,107 BTC
Bitcoin

MicroStrategy Buys 10.1K Bitcoin for $1.1B, Taking Holdings to 471,107 BTC

January 28, 2025 1 Min Read
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MicroStrategy Buys 10.1K Bitcoin for $1.1B, Taking Holdings to 471,107 BTC

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).

MicroStrategy (MSTR), led by Govt Chairman Michael Saylor, added to its bitcoin (BTC) holdings for a twelfth straight week.

Within the week ended Jan. 26, the corporate purchased 10,107 BTC, taking its whole holdings to 471,107 BTC, Saylor wrote in a publish on X. The acquisition, at a median worth of $105,596 per bitcoin, raised MicroStrategy’s general common buy worth to $64,511.

Saylor teased the announcement on Sunday, as he has carried out in latest weeks, posting: “Do not cease eager about tomorrow.”

On Jan. 21, MicroStrategy shareholders accepted rising the licensed variety of Class A typical shares to 10.3 billion from 330 million shares.

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