![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Strategy Formerly Known as (MicroStrategy) Has Acquired 3459 BTC for ~$285.80 Billion
Apr 14, 2025 at 08:11 pm
Strategy has acquired 3459 BTC for ~$285.80 billion at a price of ~$82618 per bitcoin. Meanwhile, it has achieved a BTC Yield of 11.4% YTD 2025.
In a recent statement, Michael Saylor, Chairman and CEO of MicroStrategy (NASDAQ:) announced that the company purchased 3,459 Bitcoin (BTC) at an average price of $82,618 during the first 13 days of April.
The company’s cash treasure now stands at $285.80 billion. As of 04/13/2025, MicroStrategy holds 531,644 Bitcoin, acquired for $35.92 billion at an average price of ~$67,556 per Bitcoin.
As the firm continues to prioritize Bitcoin in its investment strategy, it’s important to note that MicroStrategy reported a net loss of $5.91 billion for the first quarter of 2025.
The company attributed this loss to a $9.95 billion impairment charge on its digital asset holdings, primarily driven by a decline in Bitcoin’s value.
During the quarter, MicroStrategy sold 1,000 Bitcoin at an average price of $71,000, realizing a gain of $636.4 million.
Despite the loss, MicroStrategy’s stock (NASDAQ:) has surged by 10%, reaching nearly $300 after Trump’s announcement to stall trade tariffs for 90 days.
The move brought some relief to the market, as the tariffs had escalated tensions between the U.S. and China, pushing the cryptocurrency market into a volatile period.
MicroStrategy bought BTC at the average price of $60,000 in 2024, and the firm’s BTC yield YTD 2025 is 11.4%.
Crypto Market Today
The global cryptocurrency market cap has slightly decreased by 0.40% over the past 24 hours, settling at $2.69 trillion.
The cryptocurrency market is still recovering after a turbulent period, marked by a significant crash in mid-March.
The crypto market experienced a rug pull as MANTRA, the Real-world asset token (OM) decreased by 95% within a few hours, reaching $0.42.
The token experienced a rapid decline from $76.39 to $4.35, wiping out nearly all of its value in a short span.
Pioneer Bitcoin (BTC) is trading around $84,672 struggling to break above the $86k level.
Meanwhile, other popular cryptocurrencies like Ethereum (ETH), Solana (SOL), and Tron (TRX) experienced increases. Ethereum went up by 3.86%, Solana by 2.3%, and Tron by 4.86%.
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.
-
-
-
-
-
- The crypto world is still reeling from the Mantra collapse, which wiped out over $5.5 billion in market value in under an hour.
- Apr 16, 2025 at 02:40 pm
- Now, all eyes are on Pi Network, as analysts warn the Pi Core Team to prioritize transparency and robust safeguards, or risk a similar disaster as it transitions to its Open Mainnet phase. By Dr Altcoin.
-
-
-
-