MicroStrategy is on track to buy an additional 10,107 Bitcoin units to generate a yield of 2.9% amid sustained BTC bets.
American business intelligence and software firm MicroStrategy Inc. has announced the acquisition of a new Bitcoin (BTC) batch. As announced by its Chairman, Michael Saylor, the company acquired 10,107 BTC over the past week.
MicroStrategy and Unrelenting Bitcoin Push
According to the firm, it acquired the BTC for a total price of approximately $1.1 billion. The company bought at an average price of $105,596 per coin. Based on this latest Bitcoin purchase, MicroStrategy said its yield has increased by 2.9% year-to-date (YTD).
MicroStrategy has extended its dominance as a major BTC holder among Wall Street firms. Today, the company, HODL 471,107 BTC, was acquired for approximately $30.4 billion at an average price of $64,511 per coin.
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. As of 1/26/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/UM5dGUS9Ma
— Michael Saylor⚡️ (@saylor) January 27, 2025
The firm has incurred significant debt to fund most of these BTC purchases. The company’s shareholders voted to dilute the shares last week to sustain its BTC treasury model. From a total holding of 330 million Class A shares, MSTR will now have a more than 10 billion supply.
For Michael Saylor, the long-term play for the firm lies in its Bitcoin strategy amid bets of potential rally for the coin.
The BTC Price Outlook
From the average purchase price MicroStrategy announced, the coin has dropped significantly. As of writing, it is now trading for $100,864, down 3.84% in 24 hours.
Many experts believe the selloff is a temporary one as there are key catalysts that can drive the price back up. The ongoing nation-state interest in the coin remains a major boost that can fuel the hype and attract more investors.
Thus far, US President Donald Trump has signed the first crypto Executive Order to establish a national digital asset stockpile. While this will involve different cryptocurrencies, BTC is poised to be the major component. This outlook is bullish for the coin as it may trigger other countries to do the same.
Beyond this, Wall Street interest in spot Bitcoin ETF products may also attain a peak this year, all poised to push the price up.
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