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MicroStrategy Expands Bitcoin Holdings with $1.1B Purchase

MicroStrategy, led by Michael Saylor, continues its aggressive Bitcoin accumulation. With its latest purchase of 10,107 BTC, the company now holds 471,107 BTC, boasting an unrealized profit of $18 billion.

MicroStrategy’s Latest Bitcoin Buy: A $62.7M Loss

On January 27, MicroStrategy bought 10,107 BTC for $1.1 billion, paying an average price of $105,596 per BTC. However, this move resulted in a 5.7% decline, translating to a $62.7 million loss.

Just days earlier, on January 21, the company acquired 11,000 BTC for $1.1 billion, with an average price of $101,191 per BTC. This trade was more favorable, yielding a $28.9 million profit, a 2.63% increase.

Previous Bitcoin Acquisitions Show Mixed Results

MicroStrategy’s Bitcoin accumulation continued throughout January:

  • January 13: Bought 2,530 BTC for $243 million at $95,972 per BTC, generating a $16.6 million profit (6.85% gain).
  • January 6: Purchased 1,070 BTC for $101 million, paying $94,004 per BTC, securing an $8.81 million profit (8.73% gain).

MicroStrategy’s Largest Recent Buy Nets $75.3M Profit

Among its latest seven Bitcoin purchases, the most profitable occurred on December 16, when the company acquired 15,350 BTC for $1.5 billion. This trade resulted in a $75.3 million profit (5.03% gain).

Other notable December purchases include:

  • December 30: Bought 2,138 BTC for $209 million, securing a $10.4 million profit (4.99% gain).
  • December 23: Acquired 5,262 BTC for $561 million, but faced a $20.9 million loss (3.74% decline).

MicroStrategy’s Bitcoin Strategy: Long-Term Accumulation

Despite short-term losses and fluctuations, MicroStrategy remains committed to Bitcoin as a strategic asset. The company has continued buying BTC at various price levels, reinforcing its belief in Bitcoin’s long-term value appreciation.

Forbes puts Michael Saylor on the cover and says, “MicroStrategy Isn’t Just A Giant Bitcoin Bet–It’s A Revolution In Corporate Finance”

With institutional adoption growing and Bitcoin’s price volatility continuing, all eyes remain on MicroStrategy’s next move.

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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