10-week streak: MicroStrategy buys more bitcoin, bringing its stash to 450,000

MicroStrategy just added more bitcoin, announcing it bought 2,530 bitcoin for about $243 million, making it the 10th consecutive weekly purchase for the company.

“As of 1/12/2025, we hodl 450,000 $BTC acquired for ~$28.2 billion at ~$62,691 per bitcoin. $MSTR,” CEO Michael Saylor said on X.

This latest purchase follows the company’s announcement last week that it planned to raise up to $2 billion through “one or more public underwritten offerings of perpetual preferred stock” to buy more bitcoin.

MicroStrategy continues to inspire others to follow in its bitcoin bullishness. Most recently, on January 10, spirit producer Heritage Distilling announced that its board adopted a bitcoin-treasury policy, allowing it to “begin accepting, acquiring, holding and using bitcoin in its daily business, including as a form of payment from its customers and as a form of payment to its vendors.”

The company’s website says it’ll start accepting bitcoin “soon.”

With its 10th weekly purchase in a row, MicroStrategy now hodls over 10x more than Marathon Digital in second place: