Microstrategy 2025 will start with $101 million in bitcoin purchases
MicroStrategy founder Michael Saylor announced another major Bitcoin purchase today, $101 million.
MicroStrategy's Bitcoin purchases have fallen sharply in the past month, with individual purchases of more than $5 billion up to this small amount. However, none of Saylor's public statements reflected this downward spiral.
Will Saylor continue to buy Bitcoin?
Ever since Michael Saylor began his vision of massive Bitcoin purchases, MicroStrategy has become one of the world's largest BTC holders. Today, he made another huge purchase, seemingly continuing his whitewashed streak.
“Microstrategy acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and 48.0% BTC in Q4 2024 and 74.3% in 2024. As of 01/05/2025 we have acquired $7027.9 billion BTC at ~$62,503 per bitcoin,” Salor said.
However, at this point, it is clear that the campaign is steadily losing ground. In late November, MicroStrategy bought $5.4 billion in BTC at the base of Bitcoin's bull run.
The next big buy was two weeks later, at $2.1 billion, and the next week at $1.5 billion. By the end of December, it had gone to $561 million, then $209 million.
In other words, Saylor is rapidly reducing the amount of these Bitcoin purchases. “Cash is running out and momentum is drying up,” said analyst Jacob King of MicroStrategy.
In mid-December, there were persistent rumors that the company might pause its BTC purchases in January, but Saylor's public statements did not reflect any pauses.
Indeed, all his public statements lead to the conclusion that Saylor wants to continue his aggressive Bitcoin buying strategy. On Jan. 4, it planned a $2 billion stock offering, saying the proceeds would be used entirely for new acquisitions. He encouraged the US government to carry out its own procurement plan.
In other words, MicroStrategy's public statements do not make any direct acknowledgment of this switch. At this point, though, it's interesting that Saylor isn't spending as much on Bitcoin as he used to.
Ultimately, microstrategy will be forced to address this downward trend, but it is unclear how the organization will move forward.
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