MicroStrategy, a software company, is continuing its 2025 buying spree by purchasing more than$ 100 million worth of the orange coin.
According to an SEC filing and an announcement from the company’s co-founder and bullish Crypto investor, Michael Saylor, MicroStrategy spent$ 104 million on 1,070 BTC, which is on average$ 94,004. That’s about half the amount of Bitcoin the company purchased past week, which is in line with MicroStrategy’s weekly buying trend, which it launched in November after Donald Trump’s reelection.
MicroStrategy today holds 447, 470 Bitcoin in full. At today’s Bitcoin price of$ 101, 832, that’s a stash worth over$ 45.5 billion. All told, the company bought their currencies at an average price of$ 62, 503, the statement said.
Prediction markets last year were optimistic that MicroStrategy may purchase more Bitcoin today, which is understandable given that today’s purchase represents nine straight regular purchases for Saylor’s business.
Users had an 86 % opportunity that MicroStrategy would carry at least 450, 000 BTC by the end of this week on Myriad, a points-based prediction marketplace and engagement platform created by Dastan, the parent company of an editorially independent Decrypt. Those conflict, though, have today tanked to only 20 % as of this writing following the company’s news of a much smaller order relative to previous months.
On the Monday following Trump’s win, MicroStrategy announced it bought more than$ 2 billion worth of Bitcoin. Then it followed up the following week with another$ 4.6 billion, followed by another$ 5.4 billion, and finally again the following week with its largest-ever purchase of$ 5.4 billion.
Since the company has been continuing to purchase more Bitcoin each year, but the individual amounts have steadily decreased as a result of the price’s increase in recent weeks. People on Polymarket, a projection business co-founded by Shayne Coplan in 2020, now see only a 2 % possibility that MicroSrategy holds more than 500, 000 BTC by Trump’s opening on January 20.
Before that, MicroStrategy was a technology company that offered data-analyzing alternatives to businesses. That is still the case, but Saylor has since changed its name to one that promotes Bitcoin growth and the Bitcoin government.
It all started in 2020, when covid lockdowns and document low interest rates threatened to harm the company’s shareholders, according to Saylor. He made the decision to purchase Bitcoin, and he has since argued that having a scarce form of the currency would help to keep money.
The biggest bitcoin by marketplace cap is then securitized by MicroStrategy, which makes up the majority of its income. Investors looking for exposure to Bitcoin can purchase shares of the company that trade on Nasdaq, which is probably safer and more controlled.
It is now the largest publicly traded owner of the crypto and issues loan to buy Bitcoin, generating a profit for buyers as a result: MicroStrategy share is up over 500 % year-to-date.
However, concerns have been raised about how practical this would be if Bitcoin’s price were to plunge because some analysts now think the stock price may become overvalued due to the company’s high level of leverage.
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