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Bitcoin News

MicroStrategy Buys 7,633 BTC, Total Holdings at 478,740

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published February 10, 2025 7:46 PM·Updated 2 years ago
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MicroStrategy Buys 7,633 BTC, Total Holdings at 478,740

MicroStrategy, the largest Bitcoin-holder company, has acquired another 7,633 bitcoins between February 3 and February 9, 2025.

The company has purchased bitcoins for $742.4 million, at an average price of $97,255 per bitcoin. It now owns 478,740 BTC, purchased for $31.1 billion at an average cost of $65,033 per BTC.

MicroStrategy Buys 7,633 BTC
MicroStrategy Buys 7,633 BTC, Source: X

In late January, MicroStrategy bought 10,107 BTC and spent $1.1 billion. So far in 2025, their Bitcoin holdings have earned a 4.1% yield, demonstrating its strategy of employing Bitcoin as a treasury asset.

On February 4, Chairman Michael Saylor declared a stop in Bitcoin purchases, saying that MicroStrategy has not sold any shares or acquired BTC through its equity offering program.

Also Read: MicroStrategy Plans to Redeem $1.05B Senior Notes in February 2025

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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