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MicroStrategy Boosts Bitcoin Holdings by 3,459, Stock Surges

Coin WorldMonday, Apr 14, 2025 8:33 am ET

1min read

MicroStrategy, the software company led by Michael Saylor, has made a significant addition to its Bitcoin holdings. The company acquired 3,459 Bitcoin for a total of $285.8 million, at an average price of $82,618 per Bitcoin. This purchase brings MicroStrategy's total Bitcoin holdings to 531,644, which were acquired for a total of $35.92 billion at an average price of $67,556 per Bitcoin.

The recent acquisition comes just a day after Saylor hinted at the company's intention to buy more Bitcoin. This move has been met with enthusiasm, as MicroStrategy's stock (MSTR) has surged in response to the announcement. The company's decision to continue investing in Bitcoin, despite a recent pause in purchases, signals a strong commitment to the cryptocurrency.

MicroStrategy's substantial Bitcoin holdings make it the public company with the largest Bitcoin holdings, significantly ahead of other companies in this regard. The recent purchase is seen as a positive development for Bitcoin, as it demonstrates continued institutional interest and investment in the cryptocurrency. The company's ability to raise capital through stock sales, with plans to acquire almost $22 billion this year, further supports the potential for additional Bitcoin purchases in the future.

The company's strategy of holding Bitcoin as a reserve asset has been a key driver of its investment decisions. The recent purchase not only increases the company's Bitcoin holdings but also highlights its confidence in the long-term value of the cryptocurrency. The 11.4% year-to-date (YTD) Bitcoin yield achieved through this acquisition further underscores the potential returns from holding Bitcoin as a strategic asset.

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