MicroStrategy dropped Bitcoin: Did Not Make a Purchase for the First Time in 12 Weeks! - Coin Bulletin

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MicroStrategy announced that after buying Bitcoin continuously for 12 weeks, they did not make any purchases in the 13th week and currently hold 471,107 BTC according to the latest SEC filing.

MicroStrategy (MSTR), which made a big impact in the crypto market with its Bitcoin investment strategy, had been making regular Bitcoin purchases for the past 12 weeks. However, the founder of the company, Michael Saylor, announced that they have not made any Bitcoin purchases as of February 2, 2025. Additionally, it was reported that no transactions were made under the company's stock sale program.

According to the SEC report dated February 3, 2025 of MicroStrategy, the company holds 471,107 BTC. The total cost of these Bitcoins is $30.4 billion, with an average cost of $64,511. The company's profit margin in Bitcoin investments has reached 47.03% at the current market price.

While the company's stock price is trading at $310.40, its market value is calculated at $84.5 billion. 52.9% of MicroStrategy's total assets consist of Bitcoin.

It is not yet clear whether MicroStrategy, which attracts attention with its corporate strategy linked to Bitcoin, will make BTC purchases again in the coming weeks. However, considering the company's long-term Bitcoin accumulation policy, it is expected to continue its purchases in the future.

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GateUser-f228532cvip
· 02-05 06:48
1000x Vibes 🤑
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TenUWarGodTrueHerovip
· 02-03 13:41
The average cost is so high, the last Bear Market 7.4 to 1.6? The gentle smashing started the death spiral.
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