The post MicroStrategy Hits Pause on Bitcoin Buys After 10 Consecutive Purchases appeared first on Coinpedia Fintech News
After 10 consecutive Bitcoin purchases by MicroStrategy, this week marked a pause, with Michael Saylor not announcing any new acquisitions.
As of January 20th, 2025, MicroStrategy’s Bitcoin holdings have reached 450,000 BTC, acquired at a cumulative cost of around $28.2 billion, with an average acquisition price of $62,691 per Bitcoin.
Michael Saylor’s Vision and Latest Moves
Michael Saylor continues to demonstrate unwavering commitment to Bitcoin, signaling potential for another purchase. His cryptic social media post, “Things will be different tomorrow,” coincides with President-elect Donald Trump’s inauguration. His public endorsement and continued accumulation of Bitcoin are seen as a signal of confidence in the cryptocurrency’s long-term value.
Bitcoin Price Today Hit New ATH
On January 20, 2025, Bitcoin reached an all-time high of $109
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