The post MicroStrategy Raises $563M – Is a Massive Bitcoin Buy Incoming? appeared on BitcoinEthereumNews.com.
MicroStrategy, the largest corporate Bitcoin holder, has confirmed that as of February 2, 2025, the company holds 471,107 BTC, worth approximately $30.4 billion at an average purchase price of $64,511 per BTC. Despite the recent market dip, MicroStrategy did not sell any shares or purchase new Bitcoin last week. However, the company’s aggressive January acquisitions and a new $563 million stock sale for future Bitcoin purchases suggest that another major buy could be on the horizon. Buy Bitcoin on Kraken With Bitcoin recently dropping to $92,000, could Michael Saylor be preparing for another massive buy that could push BTC back above $100,000? Let’s dive in. Last week, MicroStrategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 2/2/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/QTBWl8KlNv — Michael Saylor⚡️ (@saylor) February 3, 2025 MicroStrategy’s Bitcoin Holdings: A Massive $30.4 Billion Bet Total Bitcoin Holdings: 471,107 BTC Total Cost: $30.4 billion Average Price: $64,511 per BTC Despite Bitcoin’s volatility, MicroStrategy remains the largest corporate BTC holder, continuing its long-term commitment to Bitcoin as a strategic treasury reserve asset. MicroStrategy’s January 2025 Bitcoin Purchases While MicroStrategy didn’t purchase BTC last week, January saw a major buying spree, adding 24,707 BTC to its holdings: January 6: 1,070 BTC January 13: 2,530 BTC January 21: 11,000 BTC January 27: 10,107 BTC These acquisitions indicate that MicroStrategy remains committed to aggressively accumulating Bitcoin, often buying during market dips. Michael Saylor Predicts Bitcoin at $180K – CoinCodex Forecasts $175K by August In a recent interview, Michael Saylor, co-founder and executive chairman of MicroStrategy, predicted that Bitcoin could reach $180,000, citing its transformative potential and increasing institutional adoption. He stated, “Volatility is like fire. Henry Ford…