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The purchase was made at an average price of $94,004 per Bitcoin, according to the company’s latest update.
Michael Saylor, MicroStrategy’s founder and executive chairman, shared the details via his X account, highlighting the company’s continued focus on Bitcoin investment.
“MicroStrategy purchased 1,070 BTC for $101M at an average cost of $94,004. Our BTC returns were 48% in Q4 2024 and 74.3% for the full year,” Saylor noted.
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With this acquisition, MicroStrategy now holds a total of 447,470 BTC, acquired at an average price of $62,503 per coin. The total value of its Bitcoin holdings stands at approximately $27.97 billion as of January 5, 2025.
This latest purchase underscores the company’s long-term commitment to its Bitcoin strategy and its confidence in the asset’s potential.