Two major corporate Bitcoin holders, MicroStrategy Inc. (NASDAQ:MSTR) and Japan-based Metaplanet, are set to expand their Bitcoin reserves significantly in 2025, highlighting their continued commitment to the cryptocurrency.
MicroStrategy on Monday announced the acquisition of 1,070 BTC for $101 million at an average price of $94,004 per Bitcoin.
This brings its total holdings to 447,470 Bitcoin acquired for ~$27.97 billion at ~$62,503 per Bitcoin.
The volume of the company’s recent purchases has tapered: while MicroStrategy on Dec. 9 announced having purchased 21,550 Bitcoin, the volume steadily declined each week to 2,138 Bitcoin on Dec. 30 and 1,070 Bitcoin on Monday.
MicroStrategy has …
Full story available on Benzinga.com