MicroStrategy, a publicly traded company, recently added 1,070 BTC to its holdings. The company spent approximately $101 million to boost its BTC stash. The acquisition, disclosed in a Form 8-K filing with the Securities and Exchange Commission (SEC), propels the company to own 500,000 BTC.
As of January 5th, 2025, MicroStrategy held 447,470 BTC, acquired at an average price of approximately $62,503 per coin, representing a total investment of roughly $27.97 billion. The recent purchase translates to an average acquisition cost of approximately $94,004 per bitcoin. Furthermore, the company reported a Bitcoin yield of 48.0% in Q4 2024 and a remarkable 74.3% for the full fiscal year.
9th Week of Consecutive Purchases
MicroStrategy (MSTR) bought more bitcoin last week, extending its streak of weekly acquisitions to nine this week. The software company, now a significant buyer of bitcoin, filed with the Securities and Exchange Commission (SEC) on Monday. They reported spending approximately $209 million in cash to purchase 2,138 BTC between December 23 and 29, at an average price of $97,837.
The company’s consistent acquisition of Bitcoin over nine consecutive weeks reflects its commitment to the “21/21 Plan,” an ambitious strategy to acquire $42 billion worth of Bitcoin—$21 billion through equity financing and another $21 billion through fixed-income securities.
BTC Reclaims $100k
Bitcoin started 2025 with renewed bullish momentum after weeks of trading below the critical $100,000 mark. The apex coin, which had been struggling since last month, recovered, climbing back above the psychological $100,000 threshold earlier today for the first time in recent weeks.
Bitcoin entered the year trading between $93,000 and $95,000, but it has regained momentum with its current trading price of $102,368. In the past 24 hours, Bitcoin surged 4.5%, bringing it closer to its all-time high of $108,000, achieved in late 2024.
Meanwhile, some analysts are optimistic that the best is yet to come for the leading crypto asset. According to a CryptoQuant analyst, BTC’s bull cycle will likely conclude between this year’s first and second quarters. For this reason, the crypto expert stressed that BTC and altcoins will likely unlock new price heights before then.
