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crypto.news 2025-01-21 14:49:19

MicroStrategy Bitcoin stake up to 461k with new $1.1b purchase

MicroStrategy continued its Bitcoin buying spree just a day after Donald Trump was sworn in as the 47th U.S. President. The Tysons Corner-based firm added another 11,000 Bitcoin ( BTC ) for $1.1 billion, according to a disclosure document shared by executive chair and BTC advocate Michael Saylor on Tuesday, Jan. 21. MicroStrategy acquired its latest stash at an average price of $101,191, marking its first BTC purchase in the new Donald Trump era. At press time, the dotcom-era software developer held a total of 461,000 BTC, acquired for roughly $29.3 billion. The company’s Bitcoin trove was valued at a staggering $48 billion as BTC traded at $105,044, down 2% on the day and nearly 4% below its all-time high of $108,786 reached on inauguration day. 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 You might also like: News Trump-backed WLFI spent $100m on crypto buys As Saylor has repeatedly stated, MicroStrategy, the world’s largest publicly traded BTC holder, plans to acquire significantly more Bitcoin by 2028. Saylor’s ambitious “21/21” roadmap aims to balloon the corporation’s BTC holdings to a valuation exceeding $100 billion, even at current prices. Notably, MicroStrategy isn’t the only company adopting this aggressive Bitcoin accumulation strategy. Bitcoin miners like Marathon Digital and Riot Platforms have also implemented Saylor’s approach to expand their BTC holdings. Similarly, publicly traded companies like KURL and offshore entities such as Genius Group have added Bitcoin to their balance sheets. Even a platform endorsed by President Trump executed large Bitcoin purchases as nationwide adoption looms under the new administration. World Liberty Financial, backed by Trump and his sons, bought $47 million worth of Wrapped Bitcoin ( WBTC ) shortly before Trump took oath. Read more: Circle CEO pushes Trump to scrap SEC rule hindering banks from holding crypto

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