![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
MicroStrategy May Have Resumed Its Bitcoin Purchases After a One-Week Break
Apr 13, 2025 at 10:44 pm
Strategy may have resumed its Bitcoin purchases after a one-week break. Michael Saylor, the company's executive chairman, posted the Bitcoin tracker on X
MicroStrategy may have resumed its Bitcoin purchases after a one-week break, as hinted by executive chairman Michael Saylor's post on X.
Saylor, known for personally announcing the company's Bitcoin purchases on the social media platform, shared a screenshot of the Bitcoin tracker on Sunday.
This move usually precedes an official announcement from MicroStrategy regarding its latest Bitcoin purchase.
His tweet follows the report of about $6 billion in unrealized losses on its Bitcoin holdings during Q1 2025.
The company acquired 80,715 BTC at an average price of about $94,922 per coin during the quarter, which saw a nearly 12% decline in Bitcoin prices.
This was the cryptocurrency's worst quarterly performance since 2018.
MicroStrategy's bitcoin purchase spree was put on hold for the week ending April 6 due to a lack of stock offering purchases for its MSTR and STRK securities.
The company has invested about $35 billion in bitcoin at an average price of $67,485 per coin, and it's currently sitting on an unrealized gain of about $8.6 billion.
Its most recent purchase, announced on March 31, added 22,048 bitcoin at an average price of $86,243 per coin, a purchase that totaled approximately $1.9 billion.
This brought its total bitcoin holdings to 528,185, nearly 3% of bitcoin’s total supply, valued at around $44 billion.
Bitcoin has experienced some volatility this week, falling below $75,000 on Monday before rebounding above $80,000 amid rising US-China trade tensions.
The digital asset is currently trading at approximately $83,700, showing a slight decline over the past 24 hours, according to TradingView.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
- Amid the escalating tariff war, mathematician and The Big Bitcoin Book author Fred Krueger advised on X (formerly Twitter) to put the savings in Bitcoin instead of China.
- Apr 15, 2025 at 02:05 pm
- Krueger was referring to FOX Business senior correspondent Charles Gasparino's earlier comment in which the journalist praised President Donald Trump's aggressive tariff policy and said, “But the world needs a safe haven to parks its savings, and sorry guys, it aint China.”
-
- BlockDAG's Keynote 3 Reveals Mainnet Launch Plans! SHIB & TON Whale Activity Surges
- Apr 15, 2025 at 02:00 pm
- Market trends are shifting as different cryptos experience notable price movements. One recent Shiba Inu (SHIB) price analysis caught attention after a large whale acquisition of over 874 billion SHIB during a dip.
-
-