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MicroStrategy Confirms $250M Bitcoin Acquisition in Latest Buy

Monday has arrived again, which is obvious by the latest announcement from MicroStrategy about its new multi-million dollar BTC purchase. This comes amid an ongoing correction for the largest cryptocurrency, which dumped to a new yearly low of under $91,000 earlier today. MicroStrategy has acquired 2,530 BTC for ~$243 million at ~$95,972 per bitcoin and has achieved BTC Yield of 0.32% YTD 2025. As of 1/12/2025, we hodl 450,000 $BTC acquired for ~$28.2 billion at ~$62,691 per bitcoin. $MSTR https://t.co/qONdrIwz7Q — Michael Saylor (@saylor) January 13, 2025 After last week’s more modest purchase of roughly $100 million, the world’s largest corporate bitcoin holder has splashed nearly $250 million this time to acquire 2,530 BTC. The average price comes at $95,972 per BTC, and the total stash has grown to precisely 450,000 BTC, bought at an average price of $62,691. The latest acquisition comes at a rather bad time for bitcoin’s price. The cryptocurrency stood close to $96,000 earlier this morning but slumped by over five grand within hours and plunged to its lowest position since November of under $91,000. MSTR’s price has also taken a hit on a monthly scale, being done by 20% since mid-December. The shares went downhill after the company’s inclusion into the NASDAQ 100. The post MicroStrategy Confirms $250M Bitcoin Acquisition in Latest Buy appeared first on CryptoPotato . CoinTurk News

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Mudrex Suspends Crypto Withdrawals amid Backlash

Mudrex, an Indian cryptocurrency exchange, has sparked controversy by halting withdrawals until Jan. 28, citing the need for compliance upgrades. T... CoinTurk News