2025-01-13 13:06:23 by coinpedia

Buy Signal for Crypto Investors? MicroStrategy Makes $243 Million Bitcoin PurchaseMicroStrategy, the leading business intelligence firm, has acquired 2,530 BTC for around $243 million, purchasing the coins at an average price of $95,972 per bitcoin. This brings the company’s Bitcoin yield to 0.32% Year-to-Date (YTD) for 2025. As of January 12, 2025, MicroStrategy holds a total of 450,000 BTC, acquired for about $28.2 billion, with an average purchase price of $62,691 per Bitcoin.Let’s dive in and explore how this commitment is reshaping the market.The 21/21 Plan for Bitcoin ExpansionMicroStrategy’s ambitious “21/21 Plan” aims to raise $21 billion through equity and another $21 billion through debt instruments to fund additional Bitcoin acquisitions. The company has now purchased Bitcoin for 10 consecutive weeks, showing its strong commitment to this strategy.Additionally, MicroStrategy plans to raise $2 billion through perpetual preferred stock in early 2025 to continue expanding its Bitcoin holdings.MicroStrategy has acquired 2,530 BTC for ~$243 million at ~$95,972 per bitcoin and has achieved BTC Yield of 0.32% YTD 2025. As of 1/12/2025, we hodl 450,000 $BTC acquired for ~$28.2 billion at ~$62,691 per bitcoin. $MSTR https://t.co/qONdrIwz7Q— Michael Saylor⚡️ (@saylor) January 13, 2025The company’s focus on Bitcoin has positively impacted its stock, MSTR. Over the past year, the stock has risen by 490%, with a 6% increase just in the last five days. This surge highlights the market’s favorable reaction to MicroStrategy’s Bitcoin-heavy strategy.MicroStrategy’s Growing InfluenceMicroStrategy’s ongoing commitment to acquiring Bitcoin has established it as a key figure in the cryptocurrency market. CEO Michael Saylor’s updates and posts have become closely followed by investors, as they often hint at future Bitcoin purchases, influencing market expectations.Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions.