Bitcoin’s accumulation continues: Microstrategy 10,107 BTC buys amid the decline in the encryption market
in advertisement Earlier in the day, business intelligence company Microstrate revealed the continuous acquisition chain of Bitcoin (BTC), as it bought 10,107 BTC for $ 1.1 billion. This last purchase brings the total Bitcoin’s bitcoin holdings to 471,107 BTC.
Microstrategy did not fade by withdrawing the encryption market
Although the total maximum Crypto market decreased from 3.75 trillion dollars on January 25 to $ 3.55 trillion at the time of writing this report, Michael Saylrs Microstrategy remains Connecting his endeavor to accumulate as much BTC as possible.
The last acquisition cost of the company of 10,107 BTC is $ 1.1 billion at an average price of 105,596 dollars per bitcoin. With this addition, Microstrategy now has a total of 471,107 BTC, at a value of about $ 30.4 billion. The average cost of acquisition is $ 64,511 per bitcoin.
In x mailSilor noticed that the BTC return throughout the year (YTD) is currently 2.90 %. For beginners, BTC Livel is a major performance indicator used to measure performance and the strategic value of BTC as the origin of the Treasury Department.
It is worth noting that Peter Chef, a prominent financial commentator and the stock exchange fertilizer, responded to the Silor Center, noting that the average price of bitcoin in Microstrategy has increased steadily. He warned that he might not be long before Bitcoin’s position fully faced a loss.
In addition to the latest bitcoin purchase, at Microstrategy foot A rack registration statement with the US Securities and Exchange Committee (SEC) to support future bitcoin acquisitions and address other worker capital needs.
For clarity, the company’s shelf registration allows the prior registration of securities-such as bonds, regular shares, favorite shares, notes, units-and “shelf” for up to three years. This approach enables the company to issue securities at any time during that period without the need for a new registration for each version, which provides flexibility to raise the capital quickly in light of the favorable market conditions.
As of January 23, 2025, Microstratei 231,632,665 had distinguished shares of regular A.D. and 19,640,250 distinct shares from the BC Class B. Moreover, Sailor announced the launch of shares New transferred favorite is available for institutional retail investors and retail selection.
High encryption adoption: Donald Trump’s effect?
After Donald Trump’s victory in the US presidential elections in November expected To include encryption assets as part of companies’ locker strategies. As a reminder, the Trump campaign confirmed the favorable cryptocurrency regulations as a basic political promise.
However, Microstrategy may face tax challenges, as a modern event a report It indicates that the company can condemn more than 19 billion dollars of taxes on unreasonable gains from its bitcoin possesses. At the time of the press, BTC is trading at 101,648 dollars, a decrease of 2.9 % in the past 24 hours.
Distinctive image from Unsplash.com, plans from Yahoo! Finance and Tradingview.com