MicroStrategy Keeps Up, Buys Bitcoin for 10th Consecutive Week
Software company MicroStrategy, as usual, has maintained its steady performance by purchasing $243 million in Bitcoin for the 10th consecutive week.
On the evening of January 13, 2025, the public company MicroStrategy announced that in the past week, it used $243 million in cash to buy an additional 2,530 Bitcoins, at an average price of $95,972 per coin.
MicroStrategy's latest Bitcoin purchase was made possible by the sale of 710,425 convertible bonds. As of January 13, the company still has 6.53 billion convertible bonds ready to issue in the next sales.
The "opening" BTC investment return for the new year 2025 (BTC Yield) is 0.32%.
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, billionaire Michael Saylor's company increased its total Bitcoin ownership to exactly 450,000 BTC, with an average purchase price of 62,691 for each BTC.
This is the 10th consecutive week that MicroStrategy has made a "positive" Bitcoin purchase, following the previous 9 purchases that started on November 11. The total capital this company has used to buy Bitcoin is up to 18.214 billion USD to collect an additional 197,780 BTC.
Starting with 27,200 Bitcoin (2 billion USD) on November 11;
This was followed by 51,780 BTC (4.6 billion USD) just a week later;
Ending November with 55,500 BTC ($5.4 billion);
In early December, the company continued to collect another 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" with $209 million in Bitcoin.
"Opening" the new year 2025 with 1,070 BTC added to the treasury.
At the same time, medical device manufacturer Semler Scientific also announced that it had purchased an additional 237 BTC for $23.3 million between December 16, 2024 and January 10, 2025, at an average price of $95,972 per coin.
As of now, Semler Scientific holds a total of 2,321 BTC worth $191.9 million, at an average purchase price of $92,687 per BTC.
Since announcing the use of Bitcoin as the main reserve asset for its treasury, the company has recorded a 99.3% BTC Yield for 2024 starting in July 2024.
