Breaking : MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion

Breaking : MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion

The post Breaking : MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion appeared first on Coinpedia Fintech News

MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield of 2.90% YTD 2025.

In Jan 2025, the firm Purchased total 24707 BTC. As of 1/20/2025, Microstratgy bitcoin holdings reach 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin.

How MicroStrategy Funds Bitcoin

Recently, MicroStrategy’s shareholders approved increasing the number of Class A shares from 330 million to 10.3 billion. This decision helps the company raise more money to buy Bitcoin, proving its dedication to its Bitcoin strategy.

MicroStrategy plans to raise $42 billion by selling more shares, thanks to the new approval from shareholders. The company is also preparing to redeem $1.05 billion in senior notes in February 2025. This move reduces its financial risks, giving it more room to focus on Bitcoin without added pressure.

The company will release its fourth-quarter earnings on February 5, 2025. After that, it will host a live webinar to discuss financial results and future plans. However, MicroStrategy might have to pay federal tax on its unrealized Bitcoin gains, based on the 2022 Inflation Reduction Act. If enforced, the company could owe taxes on its $19.3 billion in unrealized profits, possibly forcing it to sell some Bitcoin.

Crypto Market Today

The global cryptocurrency market saw a sharp decline, shedding 5.37% in value hitting market cap of $3.42 trillion. Bitcoin (BTC) led the crypto crash, pulling down major altcoins like Ethereum (ETH), Solana (SOL), and XRP, along with several memecoins. The downtrend was partly driven by the buzz around China’s AI app DeepSeek.

At Press time, Bitcoin is trading at $99K with 5% loss. The price drop caused a wave of liquidations in the crypto market, leading to $860.55 million in total liquidations over the last 24 hours, with nearly $260 million coming from Bitcoin, as reported by CoinGlass.

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