MicroStrategy, the American growth firm based by Michael Saylor, expanded its Bitcoin holdings by 11,000 BTC, equal to $1.1 billion, as revealed in a January 21 publish on X by the enterprise intelligence govt.
MicroStrategy’s $1.1 Billion Bitcoin Acquisition
In accordance with Saylor’s publish on Tuesday, the corporate’s newest Bitcoin acquisition raises its whole holdings to 461,000 BTC, valued at $29.3 billion. The typical price per Bitcoin within the firm’s portfolio stands at $63,610.
MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin. $MSTR https://t.co/SOgvMscghy
— Michael Saylor (@saylor) January 21, 2025
MicroStrategy’s official submitting with the US Securities and Change Fee (SEC) signifies the acquisition was finalized through the week ending January 19.
This acquisition additional solidifies the Virginia-based agency’s standing as one of many largest company holders of Bitcoin.
The Future is ₿proper pic.twitter.com/OV5kYSyJQ8
— Michael Saylor
(@saylor) January 20, 2025
Saylor joined in on among the festivities on Capitol Hill, posting photographs alongside United States Secretary of Well being and Human Companies nominee Robert F. Kennedy Jr., Trump’s son-in-law Jared Kushner, and Division of Authorities Effectivity head Vivek Ramaswamy.
“The long run is vibrant,” Saylor quipped in photographs from the occasion.
Crypto Neighborhood Awaits Govt Order
MicroStrategy’s newest buy coincides with ongoing discussions about cryptocurrency regulation in the US.
President Donald Trump, who has expressed help for the digital asset business, indicated throughout his marketing campaign and on the Bitcoin 2024 Convention that his administration would work in direction of a crypto-friendly regulatory framework.
Trump acknowledged on the convention, “We could have rules, however any more, the foundations can be written by the individuals who love your business, not hate your business.”
Regardless of these remarks, some within the cryptocurrency neighborhood had been left dissatisfied when no point out of blockchain or digital belongings appeared within the official January 20 White Home briefing outlining Trump’s preliminary priorities, which centered on immigration and authorities effectivity.
Reviews had advised that Trump may signal a crypto-related govt order on his first day in workplace, however no such announcement has been made as of Tuesday morning.
Understand that there's solely a lot a president can do by govt order, so the crypto EO possible gained't have an enormous influence on regulation or regulation instantly.
Extra possible, the purpose can be to place a agency cease to Biden admin persecution and set objectives for the subsequent 4 years.— Jake Chervinsky (@jchervinsky) January 21, 2025
Variant Fund CLO Jake Chervinsky commented on X {that a} crypto-related govt order may very well be anticipated quickly however cautioned that its instant influence on regulation or regulation would possible be restricted.
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