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MicroStrategy Buys 10,107 Bitcoins for $1.1 Billion, Total Holdings Reach 471,107 BTC
40 posts•MarketsCrypto
MicroStrategy Inc., led by CEO Michael Saylor, has announced its 12th consecutive weekly purchase of Bitcoin, acquiring an additional 10,107 bitcoins for approximately $1.1 billion in cash at an average price of $105,596 per bitcoin. The purchase was made during the period between January 21 and January 26, 2025, and brings the company's total bitcoin holdings to 471,107 bitcoins. The total value of its bitcoin holdings amounts to approximately $30.4 billion, with an average purchase price of $64,511 per bitcoin as of January 26, 2025. The company has achieved a Bitcoin yield of 2.90% year-to-date in 2025.
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Will Bitcoin price reach $120,000 by April 30, 2025?
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Description
Major cryptocurrency exchanges like Coinbase or Binance
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Yes50%
No50%