MicroStrategy has now surpassed 450,000 Bitcoin, worth around $40 billion, after purchasing an additional 2,530 BTC for $243 million between Jan. 6-12, 2025.

Bitcoin under $90K is not something we've seen since November, but recent economic data dimming hopes of rate cuts caused investor jitters that not even spot bitcoin ETFs inflows or MicroStrategy's latest buy could shake.

Bitwise said Bitcoin buying by companies like MicroStrategy is an "overlooked megatrend." Find out how it could impact the market.

Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it resumed bitcoin purchases at prices well above current levels. The company continued to lean on shareholders to fund the purchases, as it used the $243 million raised through the sale of common stock.

MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.

MicroStrategy adds 2,530 BTC worth $243M, continuing its aggressive Bitcoin acquisition strategy with over 450,000 BTC in reserves.

Cantor analyst sees MicroStrategy stock rising as the company continues to add bitcoin to its balance sheet, despite a recent BTC price slump.

A big reason MicroStrategy ( MSTR -2.85%) was such a hot stock in 2024 is its bullish position on Bitcoin. The company is such a big believer in crypto that it's planning to raise $42 billion in capital during the next three years for the purpose of adding to its tally.