MicroStrategy, a publicly traded business intelligence firm and prominent Bitcoin holder, announced the acquisition of 11,000 Bitcoin.
In a filing on January 21st, the company stated that it had spent $1.1 billion in cash on the purchase, at an average price of $101,191 per Bitcoin.
The transaction took place between January 13th and January 20th and was financed through the issuance and sale of shares under a convertible notes agreement.
With this acquisition, MicroStrategy now holds 461,000 Bitcoin, acquired at a total cost of $29.3 billion and an average price of $63,610 per Bitcoin.
This represents the company’s third and largest Bitcoin purchase in January 2025, increasing its total acquisitions for the year to 14,600 Bitcoin.
MicroStrategy co-founder Michael Saylor shared the news via a post on X, noting that the company’s Bitcoin yield has reached 1.69% so far this year.