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Justice Served: $451M Penalty for Firms Behind Binary Options Fraud

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MicroStrategy Hits New Milestone with Additional Bitcoin Purchase

 


 

MicroStrategy’s Continued Bitcoin Strategy
MicroStrategy, the enterprise software company turned Bitcoin investment leader, has announced another significant acquisition of Bitcoin. Between January 6th and 12th, the firm purchased 2,530 BTC for $243 million, averaging $95,972 per coin. This move brings the company’s total Bitcoin holdings to an impressive 450,000 BTC, worth approximately $28.2 billion at an average price of $62,691 per Bitcoin.

Strategic Investment Amid Market Volatility
The announcement comes as Bitcoin experiences price fluctuations, with recent lows around $90,198. Despite the downturn, MicroStrategy remains committed to its Bitcoin acquisition strategy, marking this purchase as its tenth consecutive weekly buy. In 2024 alone, the company acquired 258,320 BTC for $22.07 billion, reinforcing its position as a major Bitcoin holder with 2.1% of the total Bitcoin supply.

Michael Saylor’s Vision
Michael Saylor, MicroStrategy’s co-founder and chairman, has been a vocal advocate for Bitcoin, steering the firm toward strategic acquisitions. Saylor’s approach has shifted toward smaller, calculated purchases to optimize capital allocation while maintaining significant exposure to the cryptocurrency market.

Future Growth Plans
The company has announced plans to raise $2 billion through perpetual preferred stock and other offerings in Q1 2025, further solidifying its commitment to Bitcoin. This financial strategy underscores MicroStrategy’s confidence in Bitcoin as a long-term store of value and growth asset.

Conclusion
MicroStrategy’s continued Bitcoin investment underscores its faith in the cryptocurrency’s future potential. By strategically acquiring BTC during market dips, the company not only bolsters its holdings but also signals the growing acceptance of Bitcoin as a legitimate asset class among institutional investors.

Stay tuned as MicroStrategy continues to shape the corporate Bitcoin narrative.

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