MicroStrategy Buys 10.1K Bitcoin for $1.1B, Taking Holdings to 471,107 BTC
2025-01-27
Category: None

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy MMSTR.
MicroStrategy MMSTR, led by Executive Chairman Michael Saylor, added to its bitcoin BTCUSD holdings for a 12th straight week.
In the week ended Jan. 26, the company bought 10,107 BTC, taking its total holdings to 471,107 BTC, Saylor wrote in a post on X. The purchase, at an average price of $105,596 per bitcoin, raised MicroStrategy's overall average purchase price to $64,511.
Saylor teased the announcement on Sunday, as he has done in recent weeks, posting: "Don't stop thinking about tomorrow."
On Jan. 21, MicroStrategy shareholders approved increasing the authorized number of Class A common shares to 10.3 billion from 330 million shares.