MicroStrategy’s $101 Million Bitcoin Buy: Will It Boost BTC’s Price?

January 7, 2025

You see MicroStrategy’s Michael Saylor back in the Bitcoin headlines, this time purchasing $101 million worth of Bitcoin, the first such buy of 2025. While this sum is substantial, you’ll recall previous buys reaching into the billions.

Losing steam or just changing gears?

If you’ve been watching MicroStrategy, you’ll remember it once threw around $5 billion at a time on BTC. Now, although Saylor’s public statements don’t show any willingness to slow down, you notice the pace of purchases has clearly tapered off in recent months.

Still a major player

Saylor’s latest figures claim:

MicroStrategy acquired 1,070 BTC at about $94,004 per coin, netting a 48.0% profit in Q4 2024 and 74.3% for 2024 overall. As of January 5, 2025, we hold 447,470 BTC, bought for about $27.97 billion at $62,503 each on average.

These smaller purchases follow high-profile acquisitions of $5.4 billion, then $2.1 billion, $1.5 billion, and so on, ultimately dropping to $561 million and $209 million by December.

What next?

Some analysts suggest MicroStrategy is running out of cash. Yet Saylor just announced a $2 billion stock offering intended for more Bitcoin buys and he’s been urging the U.S. government to start purchasing as well. So, if you’re wondering whether Saylor’s run is over, it doesn’t look like he’s pumping the brakes on his Bitcoin strategy anytime soon.

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