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MicroStrategy Adds to Bitcoin Reserves in New Weekly Buy

MicroStrategy adds 1,070 bitcoin to its reserves for $101 million.
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Jan 6, 2025 • 1 min read

MicroStrategy has announced yet another BTC buy, adding 1,070 bitcoin to its reserves for $101 million.

What’s The Scoop?

  • Average Cost of Recent Buy: MicroStrategy paid an average of $94K per Bitcoin in its most recent purchase
  • Current Holdings: This most recent purchase now brings MicroStrategy’s total Bitcoin holdings to just over $44B. 
  • Future Outlook: MicroStrategy plans to issue $2B in preferred stock to purchase more Bitcoin and add to its growing reserve.

Bankless Take:

Michael Saylor is showing no signs of slowing investment in MicroStrategy’s Bitcoin reserve. However, the market seems to have a negative outlook on this game plan as MicroStrategy’s stock price has fallen 40% since November as the company continues to issue new shares. With this most recent purchase, MicroStrategy's average purchase price per Bitcoin is just just under $63K.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

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