Michael Saylor’s MSTR Added Another 2,530 Bitcoin

Michael Saylor’s MSTR Added Another 2,530 Bitcoin



35d4fedb4ebcb9e6e9c2d5dffd490c9212d56dc6-4132x3099 Michael Saylor's MSTR Added Another 2,530 Bitcoin

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy and Semler Scientific (MSTR).

Michael Saylor’s MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the tenth consecutive week.

In the week ending Jan. 12, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC. The average price of the latest bitcoin buy was $95,972. The overall average purchase price of the company’s holdings is now $62,691.

Executive Chairman Michael Saylor once again teased the announcement on X on Sunday.

Shares are lower by nearly 5% in premarket action alongside a similarly sized dip in the price of bitcoin, which is now hanging on just above $90,000.

In addition, Semler Scientific (SMLR) has acquired an additional 237 BTC for $23.3 million using proceeds from an at-the-market (ATM) offering and operating cash flow for an an average price of $98,267. SMLR now holds 2,321 BTC for an aggregate amount of $191.9 million average purchase price of $82,867. Shares are down almost 7% in premarket trading.





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no_profile Michael Saylor's MSTR Added Another 2,530 Bitcoin
Author: mgrdm

Michael Saylor’s MSTR Added Another 2,530 Bitcoin
Michael Saylor’s MSTR Added Another 2,530 Bitcoin

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