Microstrategy acquired approximately 5,262 bitcoins between December 16 and 22, 2024.
The American company now holds around 2.12% of the total Bitcoin supply.
The computer services company, MicroStrategy, closes this 2024 consolidating itself as the company that has added the most bitcoin (BTC) to its treasury, also being one of the main whales of the digital currency.
This is a position that the company appears willing to retain in 2025, as reiterated by its CEO, Michael Saylor, during his statements. It is a history of 50 purchases that started in September 2020 and have not stopped in these four years.
In short, the company accumulates 50 purchases and a single sale. About 45 of those purchases are in the green and only 5, the most recent, are in the red.
“Whenever I have some cash left over, we buy more bitcoin,” said Saylor, expressing his confidence in Satoshi Nakamoto’s creation.
Same Saylor shared this Sunday, December 29 on X the recent movements, showing a graph with the amount of bitcoin they own and the profits obtained. For weeks the executive has shared chart updates, anticipating the announcement of a new BTC purchase. This Monday an officialization of the 51st purchase of MicroStrategy is expected
It is thus known that MicroStrategy currently owns 444,262 BTC, which currently represents about USD 41.68 billion. The Profits already total USD 14,312 millionand they already exceed 51%. With these holdings, the company owns around 2.12% of the total bitcoin supply.
Despite the fall that BTC has experienced in recent days, after having exceeded USD 100,000 at the beginning of this month, Saylor, already known as a declared bitcoiner, is willing to continue buying.
“Bitcoin is the safest thing in an uncertain world,” he comments on his social networks, while remembering the astonishing growth it has had since the company decided to incorporate the crypto asset into its treasury, in the midst of the Covid pandemic.
“It has shown astonishing growth, while the US money supply has increased by only 36%,” he said during an interview with Tucker Carlson. Hence he is sure that, “if you are able to handle volatility and take a long-term view, bitcoin is a safe haven.”
This refers to the first MicroStrategy purchase. There were 16,796 bitcoins acquired at a value of USD 10,419 per unit, which now register profits of almost 800%. In fact, almost all of the 50 purchases that have been made since then – except the last 5, made since November of this year – have positive balances.
Saylor maintains his predictions about the enormous future price that you consider the asset will achieve. That is why he assures that they plan to be “buying at the top (price cap) forever.”
A statement that is evidenced through these 50 large and continuous purchases, which have turned the company into one of the main BTC whales (with the ability to mobilize the market).
As CriptoNoticias reported, MicroStrategy recently made holiday purchases, shortly before BTC fell below USD 100,000. Between December 16 and 22 acquired 5,262 bitcoin for a total of $561 million in cash, at an average price of $106,662 per coin. Financing for that purchase came from the issuance and sale of its class A shares, a move that has generated both praise and criticism.
It should be added, taking into account the amount of bitcoin that MicroStrategy has in its hands, that purchases are made using regulated exchanges in the United States, and relying on an order execution strategy in trading. They do it like this so as not to attract attention and not to influence the market with their movementsas explained by Saylor.
MicroStrategy’s favorable changes, thanks to this aggressive BTC purchasing strategy, include the hit new all-time highs in their actions. It was also announced as part of the Nasdaq 100 stock index, according to data from Bloomberg Intelligence. With this, it placed itself alongside technological giants such as Apple, Nvidia, Microsoft, Amazon and Tesla, among others.
The company has become not only the pioneer but also the leading publicly traded company in incorporating BTC into its treasury, as shown by the Bitcoin Treasuries data. It also marks a trend that many other companies now want to follow.
