MicroStrategy don buy 4,980 Bitcoin ($531M), dem get 597K BTC

Published: 2025-07-01 02:00:32 |

MicroStrategy don buy extra 4,980 Bitcoin for $531.9 million, dey pay average price $106,801 for each BTC. Dis one put their total Bitcoin dem for 597,325 BTC with average cost $70,982. From start of dis year, di company add 85,871 BTC (na $9.5 billion), and total 2024 buys don reach 140,538 BTC (worth $13 billion). Their yearly BTC return don climb to 19.7%, dey close to di 25% target wey dem set for 2025. On Sunday, MicroStrategy commot 7,383 BTC (worth $796 million) go new wallets, dis move fit be to improve custody security. Di recent buy na from ATM offerings of common and preferred shares, wey bring in $578.1 million. CEO Michael Saylor still dey stick to buy-and-hold plan, say Bitcoin get long-term value.

Bullish

MicroStrategy big Bitcoin buy and ongoing gathering show big institutional demand, wey dey reduce the circulating supply and help price go up. The increase for annual BTC return to 19.7% plus strategic custody transfer dey boost market confidence. These kind actions dey correlate with better price performance and dey suggest say Bitcoin go still get bullish pressure both short and long term.