MicroStrategy kicks off 2025 with 1,070 Bitcoin purchase announcement

MicroStrategy kicks off 2025 with 1,070 Bitcoin purchase announcement

MicroStrategy, the biggest corporate Bitcoin holder, announced a fresh purchase of 1,070 BTC made in the last two days of 2024.

The company revealed the purchase on Jan. 6, stating that it spent about $101 million in cash on Dec. 30–31, 2024.

The acquisition was made at an average price of roughly $94,004 per Bitcoin (BTC), according to a filing with the United States Securities and Exchange Commission.

MicroStrategy has not made additional Bitcoin purchases since Dec. 31, as noted in its current Form 8-K filing.

MicroStrategy now holds 447,470 BTC

Following the latest acquisition, MicroStrategy held 447,470 BTC, acquired for around $27.97 billion at $62,503 per BTC as of Jan. 5. The amount accounts for 2.1% of all Bitcoin that would ever be mined.

Similar to previous MicroStrategy Bitcoin buys, the latest acquisition was made using proceeds from the issuance and sale of shares under a convertible notes sales agreement.

Bitcoin Price, Investments, MicroStrategy, Michael Saylor

Source: Michael Saylor

The purchase came shortly after MicroStrategy co-founder Michael Saylor hinted at the upcoming BTC purchase by posting the Bitcoin chart from the SaylorTracker website on Jan. 5.

This is a developing story, and further information will be added as it becomes available.

Magazine: How crypto laws are changing across the world in 2025