The world’s largest Bitcoin holding company MicroStrategy has been buying for 10 consecutive weeks to increase its total inventory to 450,000 BTC, equivalent to more than 42.5 billion USD
MicroStrategy (MSTR) increased its Bitcoin (BTC) holdings for the 10th consecutive week. The company purchased 2,530 BTC for $243 million in the week ending January 12, bringing its total holdings to 450,000 units. The average price of its latest Bitcoin purchase was $95,972. The company’s overall average purchase price for its cryptocurrency holdings was $62,691.
Thus, based on the closing price on January 13, MicroStrategy is holding more than 42.5 billion USD in digital assets.
Executive Chairman Michael Saylor recommended that businesses invest in Bitcoin instead of bonds at a conference of US CEOs. He said that bonds are a “toxic” investment channel. According to the billionaire, BTC has increased significantly since 2020, when MicroStrategy used it as its main treasury reserve asset. On the other hand, bonds have decreased during this period.
MicroStrategy, founded 35 years ago and still in the software business for most of its life, saw its stock surge 337% last year, making it the best performer among U.S. companies valued at $5 billion or more, even outpacing Nvidia and Meta, thanks to its Bitcoin-holding strategy.
The company started buying BTC in mid-2020, betting that the cryptocurrency would help it survive in a period of fierce competition. Today, more than 90% of the company’s value is tied to its Bitcoin holdings.
However, the close connection with BTC leads to the company’s stock price fluctuating strongly with the cryptocurrency market. MicroStrategy’s code fell nearly 5% when the market broke the $90,000 mark last night, down nearly 18% from the peak on December 17.
The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization excluding stablecoins, memecoins and exchange tokens — fell more than 3%. Popular coins such as XRP, ADA and DOGE posted even steeper losses.
Data released late last week showed the U.S. unemployment rate fell to 4.1% from 4.2% and average hourly earnings were slightly lower than expected at 0.3% month-over-month and 3.9% year-over-year. That prompted Goldman Sachs to push its case for the next Federal Reserve rate cut to June instead of March as previously forecast.
“Our economists now expect the Fed to cut just twice in 2025, in June and December, compared to March, June and December previously,” Goldman said in a note to clients.
While Goldman and JPMorgan still expect rate cuts, Bank of America (BofA) is concerned that the move will be paused for a long time, with the risk tilted toward a rate hike or re-tightening. They note that the yield on the 10-year US Treasury note, which is sensitive to interest rates, economic growth and inflation expectations, has risen 100 basis points since the September 2024 cut.
Up or down is just a game of Sharks. The price goes up or down depending on the amount of money poured into the market, so the more people pour in while the total amount of Bit remains unchanged, the price must increase. Money goes from one person’s pocket to another, those who earn it show off while those who lose it keep quiet, unintentionally making everyone see that playing BIT is profitable. I myself am also a businessman, of course I also have Bit involved here, but I still focus on business to create products to contribute to the chain of economic activities. Idle money poured into Bit is considered an investment hoping to earn a little. So a piece of advice for anyone who wants to play Bit is:
1. You must have a stable and solid main source of income.
2. Money to play Bit must be idle money, no debt, no borrowing from anyone or selling assets to play.
3. Playing Bit must be played for a long time to have a strong spirit when the price goes up or down, and also have a stable income and use idle money to play, so even if it goes down, it will only affect your mood a little.
Therefore, invest as smartly as possible.
Bitcoin’s current capitalization is more than 72 billion USD. It was created, born, and mined, not transferred from one person’s pocket to another.
BTC capitalization is thousands of billions
It’s best if you buy it when it’s worth a few thousand USD/1 bitcoin. But if you calculate at any time later, it won’t be as fast as NVIDIA’s stock growth. Last year, NVIDIA increased nearly 3 times while bitcoin only increased about 2.4 times.
I also used my spare money to invest in Bitcoin in 2016, 2017 when the price was around $4,000/1 Bitcoin. At that time, I considered it a very risky investment. I also determined that even if it went to 0, it wouldn’t affect my life much. So I calmly left it there, regardless of whether the market went up or down, the price reached $30,000, $40,000, I didn’t care. I needed to buy a house or a car, so I still worked hard to save money to buy it. Now it’s 2025 and the price is over $90,000. And I’ve only sold 0.2 Bitcoin to recover my capital, and the feeling of profit is no longer virtual, even though I don’t really need this money. I still keep the remaining Bitcoins, not knowing if they will go up or down in the future, I calmly wait… consider it like someone else was given a fortune by their parents, I was lucky to get it thanks to risky investments, but basically I still have to earn money myself to spend, and the lucky money or money I receive is considered as savings, only used when really needed.