MicroStrategy, a leading business intelligence firm, continues to expand its bitcoin reserves despite current market fluctuations.
MicroStrategy's New Bitcoin Purchases
Recently, MicroStrategy acquired 130 BTC for approximately $10.7 million at an average price of $82,981 per bitcoin. This purchase brings the company's total bitcoin holdings to 499,226 BTC, demonstrating its long-term commitment to cryptocurrency investments.
Pressure on Acquisitions: Current Paper Losses
Meanwhile, some of MicroStrategy's recent acquisitions are experiencing unrealized losses due to market price declines. Purchases from February 24, 2025, and January 27, 2025, have decreased in value by 14.86% and 23.53%, respectively, based on current prices, resulting in paper losses.
Overall Positive Performance of Company's Assets
Despite the current losses on recent transactions, the bulk of MicroStrategy's bitcoin acquisitions remain in profit. The average price of all company purchases is $66,360 per bitcoin, while current market prices are higher, leading to an overall unrealized profit of approximately $8.46 billion.
Hence, MicroStrategy's strategy of consistently accumulating bitcoins despite short-term market fluctuations confirms the company's confidence in the future of cryptocurrencies.