MicroStrategy has undertaken another Bitcoin purchase worth over $1 billion. According to the firm’s official announcement on January 21st, MicroStrategy paid nearly $1.1 billion for acquiring 11,000 BTC, achieving a BTC Yield of 1.69% thus far in 2025.
The total purchase is made at $101,191 per Bitcoin. As of January 20, 2025, the firm has a total of 461,000 Bitcoins, which have been purchased for around $29.3 billion at a price of about $63,610 each.
People Bet Big on MicoStrategy’s Upcoming Bitcoin Buys
Today’s news on the Bitcoin purchase comes at a time when market participants are expecting MicroStrategy to increase its BTC holdings to 500k by March.
At present the number of people expecting the firm to hit the 500K bitcoin mark before March stands at 37%. However, the bets were much high before.
Polymarket had previously seen over 67% of people betting that will have more than half a million Bitcoins before March. The forecasts are based on the company’s consistent Bitcoin purchases.
Michael Saylor’s MicroStrategy had previously declared that it had purchased 2,530 BTC for $243 million on January 13th.
MicroStrategy’s New Bitcoin Purchase Comes Amid Trump Inauguration Hype
Though not related, it is interesting to note that the new BTC purchase is in parallel to pro-crypto Donald Trump taking office.
After his inauguration on January 20th, the overall crypto market has seen a slight slump in trading but will likely pick pace in the future with more evident positive cues.
Also Read: Trump Team’s $2.3 Trillion Paper Profits From Meme Tokens Spark Liquidity Concerns
MicroStrategy Defies Market Rumor
Today’s Bitcoin buy by MicroStrategy has defied market rumors that stated that the firm might enter into a blackout period for the month of January.
Previous market conjectures suggest that MicroStrategy would view a blackout period as an instance of insider trading. The rumor entailed that during the January 2025 blackout period, MicroStrategy may cease issuing convertible bonds and stocks via “on-site trading”.
Blackout periods usually span two weeks to a month, and most companies re-permit insider trading within two days after quarterly earnings presentations.
MicroStrategy’s Future Bitcoin Buying Plans
Regardless of how turbulent the market may be, Michael Saylor has consistently maintained a pro-Bitcoin stance. He has shown his support for cryptocurrencies by consistently buying Bitcoin.
Through a mix of $21 billion in stock and $21 billion in fixed-income instruments, the corporation hopes to raise an ambitious $42 billion over the next three years, hich will be used for purchasing Bitcoins.