MicroStrategy holds 2.1% of Bitcoin supply, revealing strategic purchasing model

MicroStrategy now occupies 2.1% of the total Bitcoin supply, equivalent to 447,470 BTC. This accumulation intensified particularly in 2024, where they purchased 258,320 BTC for 22.07 billion USD, averaging nearly 85,450 USD per Bitcoin, showcasing a keen strategy to bolster their cryptocurrency reserves.

Recently, MicroStrategy has reduced its Bitcoin acquisitions, favoring smaller, strategic purchases. The company plans to raise 2 billion USD through the sale of perpetual preferred equity shares in the first quarter of 2025. Despite recent adjustments, MicroStrategy remains a significant force in the Bitcoin market.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts