MicroStrategy, the enterprise software company, announced the acquisition of 1,070 bitcoin (BTC) for a total amount of $101 million.
The transaction was carried out at an average price of $94,004 per unit, according to reported Michael Saylorpresident of the company.
With this purchase, The company adds a total of 447,470 BTC in its treasuryremaining the public company with the largest amount of bitcoin in custody.
The acquisition of the digital currency was announced yesterday, January 5, through a publication in which Saylor hinted, with a cryptic phrase and an image, his intention to continue expanding the company’s reserves.
In the last quarter of 2024, MicroStrategy reported a 48% return on its BTC portfoliowhile the annual performance reached 74.3%. This performance consolidated the asset as a key element in the company’s financial strategy.
This way, The company has reiterated its focus on bitcoin as a strategic assetsecuring its position as a leader among companies that have adopted bitcoin into their treasuries.
The announcement marks the start of MicroStrategy’s operations in 2025. The acquisition reinforces the company’s commitment to the digital asset as a store of value in the face of changing economic scenarios.
