MicroStrategy has expanded its Bitcoin (BTC) reserves by acquiring 11,000 BTC for $1.1 billion, a day after President Donald Trump’s inauguration.
The latest acquisition brings MicroStrategy’s total holdings to 461,000 BTC, acquired at an average price of $63,610 per Bitcoin, including fees and expenses, as per a U.S. Securities and Exchanges Commission (SEC) filing.
The aggregate cost of the company’s Bitcoin stash is approximately $29.3 billion, showing the company’s long-term commitment to the world’s largest crypto.
MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin. $MSTRhttps://t.co/SOgvMscghy
In its latest buying spree, Michael Saylor’s software company bought the crypto at an average price of $101,191 per Bitcoin, as per the filing.
Despite the acquisition, MicroStrategy’s shares showed minimal movement, trading at $396.50, slightly down from the previous session, according to Google Finance data.
The Bitcoin price recently peaked at $109,000 amid speculation about pro-crypto policies under Trump’s presidency.
However, the price has since corrected to $104,401 as of press time, as the market reacted to the lack of immediate crypto-related actions.
Despite prior optimism, Trump did not sign any executive orders related to crypto on his first day in office, leaving the industry awaiting further clarity on his administration's stance.
The crypto is down 3% over the past 24 hours and 10% from its weekly high, per CoinGeckodata.
The latest purchase follows a series of high-value Bitcoin acquisitions by MicroStrategy, including $344 million worth of BTC earlier this month.
Top corporate Bitcoin (BTC) holder MicroStrategy acquired another $243 million worth of Bitcoin on Jan. 13.
MicroStrategy’s filings with the U.S. Securities and Exchange Commission (SEC) show that the company paid an average price of approximately $95,972 for the latest addition to its Bitcoin reserves.
At the time of writing, Bitcoin is has climbed back up above $91,000 after having dipped below $90,000 earlier this morning. It's lost 3.4% since this time yesterday and is trading 10% lower than...
The company’s strategy of accumulating Bitcoin since 2020 has inspired other corporations, such as Tesla and Block, to adopt similar approaches.
MicroStrategy now holds over 1% of all Bitcoin in existence and continues its pursuit of doubling that share.
Saylor’s firm’s largest-ever acquisition came shortly after Trump’s election victory when the company purchased $5.4 billion worth of Bitcoin in a single transaction.
Circle’s dynamite IPO this week wasn’t just impressive by crypto standards—it outperformed expectations to a degree unrivaled even by America’s most prominent tech companies.
The evening before its Thursday trading debut on the New York Stock Exchange, Circle priced its stock, CRCL, at $31 a share. That represented a mark-up from the lower share prices the firm floated earlier in the week: $26, and then $28. Such last-minute moves are generally indicative of increased investor interest in a comp...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies.
This week: Gemini makes its own IPO move after Circle's explosive debut (and continued rise Friday), while Strategy boosts its Bitcoin buying power.
Twinsies!
Crypto exchange Gemini confirmed that it has filed to go public, within 24 hours of USDC issuer Circle making its euphoric debut on the New York Stock Exchange.
Rumors started making the rounds in February and March that Gemini, which has bee...
USDC issuer Circle, which made its whirlwind of a New York Stock Exchange debut yesterday, has already topped the high it set on Thursday.
Around 1pm ET on Friday, CRCL reached a high of $123.51—just 49 cents shy of fully quadrupling its IPO price. The stock is already trading 44% higher than its $83.23 close at a current price just shy of $120. It's a strong follow after the company tripled its $31 IPO price on its opening day.
As of this writing, the company has reached an intraday market cap...