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.

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

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

The consensus price target for MicroStrategy is just under $550 a share, 70% above its current level. The warning signs are clearly visible. F

Key Takeaways Bitcoin briefly dropped below $90,000 early Monday, for the first time since November after a wild week of trading.Concerns around the Federal Reserve pulling back on rate cuts due to recent economic data may have made bitcoin investors nervous.

MicroStrategy has purchased 2,530 BTC for $243 million, increasing its Bitcoin holdings to 450,000 BTC. Semler Scientific has also acquired 237 BTC, bringing its total

Shares of MicroStrategy Inc. (MSTR) fell in pre-market trading on Monday after Bitcoin (BTC) prices continued to slide in the run-up to President-elect Donald Trump’s inauguration scheduled for Jan. 20.