MicroStrategy Acquires 11,000 BTC for $1.1 Billion

Between January 13 and 20, MicroStrategy acquired an additional 11,000 BTC for approximately $1.1 billion at an average price of around $101,191 per bitcoin.

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. $MSTR https://t.co/SOgvMscghy

— Michael Saylor⚡️ (@saylor) January 21, 2025

According to the K-8 form, the firm financed its cryptocurrency purchases through the proceeds from selling 3,012,072 shares. Securities worth $5.42 billion remain available for issuance and sale.

As of January 20, MicroStrategy increased its bitcoin reserves to 461,000 BTC. Since August 2020, the company has invested $29.3 billion in the leading cryptocurrency, with an average purchase price of $63,610 per coin.

At the time of writing, the price of digital gold exceeded $105,000 (CoinGecko). In December, MicroStrategy founder Michael Saylor stated that the firm would “continue buying bitcoin ‘at the highs’ forever.”

Analysts at JPMorgan noted that the company’s strategy of accumulating cryptocurrency on its balance sheet has begun to be copied by public miners. The combined reserves of U.S.-listed digital asset miners have approached 100,000 BTC, as highlighted by TheMiningMag.

Earlier, Wintermute suggested that corporations adopting a bitcoin strategy similar to MicroStrategy’s could act as one of the market drivers in 2025.

CIO of Bitwise, Matt Hougan, called this trend underestimated by investors and extending beyond Saylor’s company.