The number of bitcoins in MicroStrategy accounts has reached 450,000 ✔️

Jan-14-2025 08:38:52 AM
According to a report filed by MicroStrategy with the U.S. Securities and Exchange Commission (SEC), the company spent about $243 million to buy bitcoin at an average price of $95,972 per coin between January 6 and January 12.
MicroStrategy Executive Chairman Michael Saylor wrote on social media X that the company holds 450,000 BTC as of January 13. That's about 2.1% of Bitcoin's total supply of 21 million coins. The company's average price for its total crypto assets was $62,691, and its expenses related to purchasing Bitcoin reached $28.2 billion.
MicroStrategy has been buying the top cryptocurrency for the tenth week in a row. Last week, the company announced the purchase of 1,070 BTC for $101 million in cash, at an average price of $94,004 per coin. These transactions were made after the company sold 710,425 of its shares.
In late October, MicroStrategy unveiled its ambitious “21/21” plan, which aims to raise $42 billion by 2027 through stock sales and convertible debt offerings. The funds will be used to continue buying Bitcoin.
In the fall, Michael Saylor promised to leave his accumulated bitcoins to humanity, since he has no children. However, a few months later, he announced that he would not leave his bitcoins to anyone - after his death, all the coins belonging to him will be burned.