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Home»ETHEREUM NEWS»2,530 Bitcoin added to Michael Saylor’s MSTR.
ETHEREUM NEWS

2,530 Bitcoin added to Michael Saylor’s MSTR.

By Crypto FlexsJanuary 13, 20251 Min Read
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2,530 Bitcoin added to Michael Saylor’s MSTR.
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Disclaimer: The analyst who wrote this article owns stock in MicroStrategy and Semler Scientific (MSTR).

Michael Saylor’s MicroStrategy (MSTR) has increased its Bitcoin (BTC) holdings for the 10th straight week.

In the week ending January 12, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC. The average price of recent Bitcoin purchases was $95,972. The overall average purchase price of the company’s current holdings is $62,691.

Chairman Michael Saylor once again teased an announcement about X on Sunday.

Shares are down nearly 5% in pre-market action, along with a similarly sized drop in the price of Bitcoin, which is currently just over $90,000.

Additionally, Semler Scientific (SMLR) acquired an additional 237 BTC for $23.3 million, using proceeds from its at-the-market offering and operating cash flow, at an average price of $98,267. SMLR currently holds 2,321 BTC, with a total volume of $191.9 million and an average purchase price of $82,867. Shares fell nearly 7% in premarket trading.

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