MicroStrategy founder Michael Saylor today (6) announced another large Bitcoin purchase, worth US$101 million.
MicroStrategy’s Bitcoin purchases have slowed sharply over the past month, going from individual purchases worth over $5 billion to this comparatively small amount. However, none of Saylor’s public statements have reflected this downward trajectory.
Will Saylor continue buying Bitcoin?
Since Michael Saylor began his vision of massive Bitcoin purchases, MicroStrategy has become one of the largest holders of BTC in the world. Today (6), he made another major purchase, seemingly continuing a string of voracious acquisitions.
MicroStrategy acquired 1,070 BTC for ~$101M at ~$94,004 per bitcoin and achieved a BTC yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01/05/2025, we own 447,470 BTC acquired for ~$27.97B at ~$62,503 per bitcoin, Saylor said.
However, by now, it’s clear that their campaign is losing steam. In late November, MicroStrategy purchased $5.4 billion worth of BTC in line with Bitcoin’s surge.
The next big purchase was two weeks later for $2.1 billion, and then $1.5 billion the following week. By the end of December, it was up to $561 million, with $209 million soon after.
In other words, Saylor is rapidly scaling back these Bitcoin purchases. Analyst Jacob King even claimed that MicroStrategy is “running out of cash and momentum is drying up.”
In mid-December, there was a persistent rumor that the company might pause its BTC acquisition in January, but Saylor's public statements did not reflect any potential pause.
In fact, all of his public statements suggest that Saylor wants to continue his aggressive Bitcoin buying strategy. On January 4, he planned a $2 billion stock offering, stating that the proceeds would be used entirely for new purchases. He also encouraged the US government to carry out its own acquisition plan.
In other words, MicroStrategy’s public statements aren’t directly acknowledging this change. At this point, however, it’s extremely noticeable that Saylor can’t spend as much on Bitcoin as he used to.
Eventually, MicroStrategy will be forced to address this downward trend, but it's unclear how the company will move forward.
The article MicroStrategy Makes Its First Bitcoin Purchase of 2025 appeared first on BeInCrypto.
