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MicroStrategy buys $243m in bitcoin
MicroStrategy Inc. has purchased US$243 million in bitcoin, acquiring 2,530 tokens between January 6-12,2025, at an average price of US95,972 per bitcoin.
The company, led by co-founder and chairman Michael Saylor, now controls over 2% of the total bitcoin supply as part of its broader strategy.
To fund further bitcoin purchases, MicroStrategy plans to raise US$42 billion through stock sales and convertible debt offerings by 2027, having already secured over two-thirds of its equity target.
In 2025, MicroStrategy’s stock is up 13%, closing at US$327.91 on Sunday. Meanwhile, Bitcoin prices have declined 3% this year after a 120% rally in 2024.
Recent MicroStrategy developments
| Timeline |
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06-Jan-2025 💰 MicroStrategy buys 1,070 bitcoins for $101m
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26-Dec-2024 💰 Bitcoin nears $100k as MicroStrategy buys more crypto
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24-Dec-2024 💰 MicroStrategy buys 5,262 more bitcoins for $561m
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17-Dec-2024 📈 MicroStrategy buys 15,350 bitcoins in $1.5b purchase
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10-Dec-2024 💰 MicroStrategy acquires 21,550 bitcoins for $2.1b
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