Breaking: Michael Saylor’s MicroStrategy Buys $243M in Bitcoin, MSTR Stock Falls

Varinder Singh
January 13, 2025
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Breaking: Michael Saylor's MicroStrategy Buys $243M in Bitcoin, MSTR Stock Falls

Highlights

  • MicroStrategy announced that it had purchased 2,530 BTC for $243 million.
  • Michael Saylor says the company achieved a BTC yield of 0.32% in 2025 year-to-date.
  • MSTR stock falls after Bitcoin price drops below key support.

MicroStrategy (MSTR) executive chairman and co-founder Michael Saylor on Monday announces buying an additional 2,530 BTC to its ever-growing portfolio. The largest corporate buyer of Bitcoin now holds 450,000 BTC, which it acquired for $28.2 billion.

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MicroStrategy Acquires Additional 2,530 Bitcoin For $243 Million

In a press release on January 13, MicroStrategy announced that it had purchased 2,530 BTC for $243 million at an average price of $$95,972 per bitcoin. Michael Saylor also revealed that it achieved a BTC yield of 0.32% in 2025 year-to-date and 74.3% in the 2024 financial year.

As per the US SEC filing, the Bitcoin purchases were made between January 6 and 12 using proceeds from the issuance and sale of Shares under the Sales Agreement. Following its recent Bitcoin purchase, MicroStrategy now holds 450,000 BTC, which it acquired for $28.2 billion at an average price of $62,691 per BTC.

Recently, Saylor revealed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024. He added that his company achieved a 74.3% BTC yield last year.

The company recently acquired 1,070 BTC for $101 million. The firm has plans for more Bitcoin purchases this year, as the company announced plans to raise up to $2 billion for BTC acquisitions.

As reported earlier, MicroStrategy raised $2 billion to acquire more Bitcoin. The software company mentioned that this capital raise would be carried out through one or more public underwritten offerings of perpetual preferred stock.

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MSTR Stock Falls As Bitcoin Price Crashes

Despite MicroStrategy buying 2,530 BTC for $243 million, the MSTR stock price dropped more than 4% to $313.40 in pre-market hours on Monday. The stock rose 7.99% last week after a 19% drop in a month, but traders remain skeptical of further rise amid uncertainty.

However, the latest crypto market crash has caused investors to panic sell Bitcoin holdings. BTC price has dropped more than 3% to drop below $90,000. The 24-hour low and high are $90,183 and $95,837, respectively. Moreover, the trading volume increased by 151%.

Traders have turned more cautious after stronger-than-expected jobs data indicated a robust United States economy. Concerns over inflationary tariffs under President-elect Donald Trump have also fueled a cautionary outlook. It has given more room for the Federal Reserve to delay further rate cuts this year.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.