MicroStrategy Adds 130 Bitcoin to Holdings, Nearing 500,000
MicroStrategy Adds 130 Bitcoin to Holdings, Nearing 500,000Financial news agency Cailian Press reported on March 17, 2025, that MicroStrategy, according to its official 8-K filing, purchased an additional 130 Bitcoin between March 10 and March 16, 2025. The total cost was approximately $10
MicroStrategy Adds 130 Bitcoin to Holdings, Nearing 500,000
Financial news agency Cailian Press reported on March 17, 2025, that MicroStrategy, according to its official 8-K filing, purchased an additional 130 Bitcoin between March 10 and March 16, 2025. The total cost was approximately $10.7 million, representing an average purchase price of $82,981 per Bitcoin. Funding for this purchase came from the proceeds of the sale of the company's STRK preferred stock.
This acquisition further solidifies MicroStrategy's position as a major Bitcoin holder. As of March 16, 2025, MicroStrategy and its subsidiaries held a total of 499,226 Bitcoin, with an aggregate purchase cost of approximately $33.1 billion. This translates to an average cost basis of $66,360 per Bitcoin. This average cost reflects the company's strategy of investing in Bitcoin at different times and the price volatility experienced over the period.
MicroStrategy's continued Bitcoin accumulation demonstrates its sustained confidence in the long-term value of the cryptocurrency market, particularly Bitcoin. Despite significant price fluctuations, the company remains committed to its long-term investment strategy, consistently increasing its Bitcoin holdings. This may also suggest an expectation of future price appreciation.
The purchase highlights the ongoing interest and investment from institutional investors in digital assets. A growing number of large corporations are incorporating Bitcoin into their investment portfolios, reflecting the increasing importance of digital assets in the global financial market. MicroStrategy's actions will undoubtedly serve as a demonstration effect for other potential investors, further driving Bitcoin adoption among institutional players.
MicroStrategy's persistent Bitcoin accumulation reveals a steadfast commitment to its long-term holding strategy. The company's future investment strategies and Bitcoin price volatility will remain key market focal points. This latest Bitcoin purchase will continue to impact MicroStrategy's overall financial position and potentially significantly influence its long-term investment returns. Investors and market analysts will closely monitor the company's future moves and its influence on the Bitcoin market.
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