MicroStrategy, the largest corporate holder of Bitcoin, has announced its latest purchase of 11,000 BTC, marking its third acquisition in January 2025 and the largest so far this year.

Details of the Purchase

On January 21, MicroStrategy revealed that it had acquired 11,000 BTC for a total cost of $1.1 billion. The purchase, made between January 13 and January 20, occurred at an average price of approximately $101,191 per Bitcoin.

This acquisition coincided with the week leading up to the inauguration of U.S. President Donald Trump. As with its previous Bitcoin purchases, the company funded the transaction using proceeds from a convertible notes sales agreement, reflecting its consistent strategy for increasing Bitcoin holdings.

MicroStrategy’s Growing Bitcoin Reserves

Following this purchase, MicroStrategy’s Bitcoin holdings have reached a staggering 461,000 BTC. These acquisitions, which cost the company a total of $29.3 billion, were made at an average price of $63,610 per Bitcoin.

Michael Saylor, co-founder and executive chairman of MicroStrategy, announced the purchase in a post on X (formerly Twitter), highlighting the company’s commitment to its Bitcoin investment strategy.

In January alone, MicroStrategy has purchased 14,600 BTC across three transactions, with the latest buy contributing the most significant volume. Saylor also noted that the company’s Bitcoin portfolio has yielded a 1.69% return year-to-date.

Hints of the Purchase

Saylor had hinted at this acquisition on January 19, signaling an impending purchase—a pattern frequently observed with MicroStrategy’s Bitcoin buys.

Significance of the Move

MicroStrategy’s aggressive Bitcoin acquisition strategy underscores its unwavering belief in the cryptocurrency as a store of value and a hedge against traditional financial market uncertainties. With its latest purchase, the company further solidifies its position as a major player in the crypto space.