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MicroStrategy Buys 11,000 BTC at the Top

MicroStrategy announced its latest BTC acquisition hours after Donald Trump became the 47th U.S. President.
Wilfred Samuel
Senior Editor
About Author
Senior Editor
Last updated:
21 January 2025 @ 15:29 UTC
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American business intelligence company and the world’s first institutional bitcoin (BTC) holder, MicroStrategy, aims to round up its stash to half a million BTC. Based on a recent announcement from the company’s chairman and founder, Michael Saylor, it spent about $1.1 billion to acquire 11,000 bitcoins in the week leading to the United States presidential inauguration.

Since November 2024, the company has not missed a week without announcing a BTC purchase. According to Saylor, he plans to keep stacking the crypto no matter the price.

461,000 BTC Bagged

MicroStrategy completed its latest purchase at an average price of $101,191 per bitcoin and now holds about 461,000 BTC, which it acquired for approximately $29.3 billion at $63,610 per bitcoin. Consequently, it has achieved a BTC Yield of 1.69% YTD in 2025.

The spot BTC price of $104,000 shows that the company’s holdings are valued at approximately $48 billion, a 63.8% increase in unrealized profits.

Driven by MicroStrategy’s high yield and profits from BTC purchases, a few publicly traded firms like Semler Scientific, Genius Group, and others have joined the trend of institutional crypto adoption by embracing Bitcoin as a primary reserve asset.

BTC Hits New All-time High

A day to Saylor’s company bitcoin purchase, the world’s leading crypto soared to a new all-time high. It hit the $109,800 mark on Monday as bullish investors acquired the crypto before the latest U.S. president’s inauguration. During his campaign, American Donald Trump promised to ensure a smooth running of crypto transactions and regular BTC purchases for the country. Therefore, many investors aped into the crypto due to optimism.

Following his induction, skepticism has risen on whether implementing his crypto promises is on the list of prioritized orders. Reassuringly,  Bitcoin Magazine CEO David Bailey has revealed that one of the new president’s first 200 Executive Orders includes crypto.

Meanwhile, after Trump stepped in as President, U.S. crypto-pessimistic SEC Chair Gary Gensler has stepped down.

Wilfred Samuel

Senior Editor
Wilfred Samuel is a cryptocurrency enthusiast with over three years of experience in blockchain technology. He conducts thorough research to provide precise and reliable news reports. With a strong foundation in technology, including software development skills, Samuel is equipped with adequate knowledge to navigate the cryptocurrency space effectively.

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