MicroStrategy Acquires Over 2,000 BTC Valued at $243 Million

MicroStrategy — the world’s biggest Bitcoin institutional holder — has purchased 2,530 Bitcoin units whose value was calculated at around $243 million. Michael Saylor, the co-founder of MicroStrategy, confirmed the news via his X account. He also added that the average price of the BTC units that the company purchased was $95,972.

The Company Holds 450,000 BTC Units

The X post by Saylor also had information on the current liquidity of assets. Saylor said that at the moment, MicroStrategy holds 450,000 BTC units. Their average cost is about “$62,691 per coin” and the total investment is “approximately $28.2 billion.”

This isn’t MicroStrategy’s only asset purchase this year. In the first week of January, the company bought 1,070 BTC and in doing so, it increased its Bitcoin holdings for the ninth consecutive week. During that time, MicroStrategy announced that it would be raising $2 billion via stock offering as a way to acquire more of these digital assets.

During that same timeframe, its stock price (NASDAQ: MSTR) managed to recover 13% after initially dropping almost 50% from the $543 high in November 2024. The $2 billion stock offering plan is a different plan than the 21/21 plan, which includes the company reaching $21 billion in equity and $21 billion in income.

Certain Concerns Were Raised Among Investors

Even though MicroStrategy has been making the news recently by making bold moves, the stock is yet to experience growth. In January, the stocks dropped by 20% and that raised some concerns among investors. However, the company doubled down on the 550% growth in 2024 and said that it remains a standout performer.

The current holding makes MicroStrategy the biggest Bitcoin institution in the world and a pivotal player in the industry. These attributes serve as a confidence booster to investors who are looking to increase MicroStrategy’s value, regardless of the recent short-term setbacks.