MicroStrategy has invested approximately 1.1 billion dollars to increase its holdings by 10,107 Bitcoins again
PANews reported on January 27th, according to MicroStrategy's latest submitted 8-K file, MicroStrategy announced that between January 21st and January 26th, 2025, the company purchased approximately 10,107 Bitcoins for about $1.1 billion in cash. The average price per Bitcoin was approximately $105,596 (including fees and expenses). The funds for this Bitcoin purchase came from the proceeds of issuing and selling shares under a sales agreement.
As of January 26th, 2025, the company and its subsidiaries collectively hold about 471107 Bitcoins with a total purchase price of approximately $30.4 billion. The average acquisition price per Bitcoin is around $64,511 (including fees and expenses).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former senior official of the Bank of Japan predicts that a rate hike in October is "a real possibility," with a very low probability of postponement until next year
A former executive director in charge of monetary policy at the Bank of Japan stated that the Bank of Japan may raise its benchmark interest rate for the second consecutive month at the October policy meeting, which would be earlier than most economists expect.
Falling Oil Could Trigger a 10% Stock Market Rally, Says Wall Street Strategist
Bitcoin falls below $84,000, down 0.32% in 24 hours.
Retail investors exit, institutions take over! Amid the US Treasury storm, "smart money" moves in instead of withdrawing: $18.4 billions in options capital flows into US stocks, AI remains the top choice.
The latest data shows that institutional investors are taking over as the main drivers of the US stock market.
Crypto prices
More
