MicroStrategy Buys Another $1.1 Billion in Bitcoin

MicroStrategy has just bought another $1.1 billion in BTC for the 12th consecutive week, despite Bitcoin's price falling below $98,000, causing the entire market to be on fire.

On the evening of January 27, 2025, public company MicroStrategy announced that in the past week, it used $1.1 billion in cash to buy an additional 10,107 Bitcoins, at an average price of $105,596 per coin.

MicroStrategy's latest Bitcoin purchase was made possible by the sale of more than 2.7 million convertible bonds. As of January 27, the company still had 4.35 billion convertible bonds ready to issue in subsequent sales.

The company's BTC Yield (Bitcoin investment yield) as of the third week of the new year 2025 is 2.9%.

Similar to each time he announces a Bitcoin purchase plan, billionaire Michael Saylor often "teased" by posting an image of the SaylorTracker portfolio tracking tool.

With the latest BTC purchase announcement, billionaire Michael Saylor's company increased its total Bitcoin ownership to 471,107 BTC, with an average purchase price of 64,511 for each BTC.

MicroStrategy's total Bitcoin portfolio is currently recording a profit of more than $17.5 billion, equivalent to a 57.7% profit rate on a capital of $30.4 billion.

This is the 12th consecutive week that MicroStrategy has made a "positive" Bitcoin purchase, following 11 previous purchases starting from November 11. The total capital this company has used to buy Bitcoin is up to $20.414 billion, collecting 218,887 BTC in the past 12 weeks.

• Starting with 27,200 Bitcoins ($2 billion) on November 11;

• Followed by 51,780 BTC ($4.6 billion) just a week later;

• Ending November with 55,500 BTC ($5.4 billion);

• In early December, the company continued to collect 15,400 BTC ($1.5 billion);

• In the second week of December, it announced the purchase of 21,550 BTC ($2.1 billion);

• On December 16, it used $1.5 billion to add 15,350 BTC to its reserves;

• On December 23, it bought 5,262 BTC with $561 million from the sale of 1.3 million convertible bonds.

• The last week of December "positive" $209 million in Bitcoin.

• "Opening the new year 2025 with 1,070 BTC added to the vault.

• The second time of the new year 2025, buying 243 million USD of Bitcoin at an average price of 95,972 USD per coin.

Seemingly to celebrate the 11th consecutive week of buying Bitcoin, MicroStrategy used the number "11" as the main theme for this warehouse purchase when spending 1.1 billion USD to add 11,000 BTC at an average price of about 101,000 USD.

Notably, the 12th purchase took place in the context of the Asian market "rushing" to celebrate the Lunar New Year, Bitcoin price drivers seemed to be busy with the "holiday" so they forgot to keep BTC above the historical $100,000 mark, leading to a deep dump from $105,000 to below $98,000, causing the entire crypto market to "burn".

However, Bitcoin is not "alone" in today's more than $7,000 dump, because the traditional financial market is also in the same situation with a series of stocks of technology giants such as Meta, Nvidia, Tesla, Google, Amazon, Microsoft all "disappearing" from 3 - 8% of their value.

Many sources believe that the cause stems from the appearance of a newly launched AI product called DeepSeek from China. This product has all the features of the US ChatGPT, but is rated to have better performance, cheaper development costs, and is easy to deploy on a simpler GPU infrastructure, while the operating staff is only required at a minimum level.