MicroStrategy buys another $101 million of Bitcoin.
\nCompany\u2019s holdings now stand at 447, 470 BTC.
\nKULR also announced it purchased $21 million worth of Bitcoin to add to its holdings.<\/p>\n
MicroStrategy has added to its Bitcoin (BTC) haul with another big purchase of 1,070 BTC valued at approximately $101 million.<\/p>\n
The company disclosed<\/a> the latest Bitcoin purchase on Monday Jan. 6, noting the acquisition was at the average price of $94,004 per bitcoin. Buying happened between Dec. 30, 2024 and Jan. 5, 2025, the business intelligence firm said.<\/p>\n MicroStrategy completed the sale after finalizing the sale of 319,586 shares. With this purchase, the company\u2019s remains with $6.77 billion shares \u2013 part of the targeted $21 billion equity and $21 billion fixed income securities \u2013 to be used for more Bitcoin purchases.<\/p>\n Bitcoin price has risen in the past week, rising amid bullish sentiment ahead of Donald Trump\u2019s inauguration. So far, MicroStrategy has acquired a staggering 447,470 BTC hodled at the purchase value of about $27.97 billion. As per current prices,the company\u2019s total BTC bag is worth over $44 billion.\u00a0<\/span><\/p>\n MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01\/05\/2025, we hodl 447,470 $BTC<\/a> acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR<\/a> https:\/\/t.co\/CkLrLSkB5M<\/a><\/p>\n \u2014 Michael Saylor\u26a1\ufe0f (@saylor) January 6, 2025<\/a><\/p>\n\n The world\u2019s largest corporate holder of Bitcoin has inspired several other publicly-traded companies to adopt BTC treasury strategies. It includes companies listed in the US, Hong Kong and Canada among others.<\/span><\/p>\n Notably, MicroStrategy bought its bitcoin at the average price of $62,503 per BTC.<\/span><\/p>\n One of these, KULR Technology Group, an energy management platform, has also announced<\/a> on Jan.6 that it purchased another $21 million worth of BTC to bring its total to $42 million.<\/span><\/p>\n KULR has acquired 213.43 BTC for ~ $21 million at ~ $98,246 per #bitcoin<\/a> and has achieved BTC Yield of 93.7 % YTD. As of 1\/6\/25, we hodl 430.61 $BTC<\/a> acquired for ~ $42 million at ~ $97,391 per bitcoin. $KULR<\/a> https:\/\/t.co\/L4LS7DtL4M<\/a> pic.twitter.com\/INaGxpNv28<\/a><\/p>\n \u2014 Michael Mo (@michaelmokulr) January 6, 2025<\/a><\/p>\n\n KULR, which began its Bitcoin treasury strategy in early December, 2024, acquired the latest BTC haul at the average price of $98,393.58 per bitcoin.<\/span><\/p>\n Bitcoin traded at around $99,194 at the time of writing, 1.5% up in the past 24 hours and nearly 6% up in the past week.<\/span><\/p>\n The post MicroStrategy adds $101m Bitcoin to holdings, now at 447,470 BTC<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" MicroStrategy buys another $101 million of Bitcoin. Company\u2019s holdings now stand at 447, 470 BTC. KULR also announced it purchased $21 million worth of Bitcoin to add to its holdings. MicroStrategy has added to its Bitcoin (BTC) haul with another big purchase of 1,070 BTC valued at approximately $101 million. The company disclosed the latest […]<\/p>\n","protected":false},"author":0,"featured_media":2181,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-2180","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2180"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2181"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}MicroStrategy\u2019s Bitcoin strategy<\/h2>\n