On January 3rd, MicroStrategy officially announced that it will raise $2 billion in the first quarter through the issuance of preferred stock to buy more BTC. This undoubtedly lays a solid foundation for the increase in BTC buying.
Moreover, according to Bitwise CEO Hunter Horsley, since last Monday, 11 publicly traded companies have purchased more Bitcoin. By 2025, a large number of companies will join the Bitcoin standard, and Michael Saylor is leading a movement.
MicroStrategy has purchased Bitcoin for nine consecutive weeks, on January 6th, it increased its holdings by 1,070 Bitcoins for approximately $101 million, with an average price of $94,004, bringing its total holdings to 447,470 BTC, with a total holding value of approximately $44.3 billion.
Other institutions such as MARA Digital, KULR, etc., have also increased their Bitcoin holdings, and the Japanese company Metaplanet plans to increase its Bitcoin holdings to 10,000 by 2025.
El Salvador has also added 5 BTC since the beginning of the year, bringing its total holdings to 6,009, valued at approximately $595 million. Institutions worldwide are increasingly adding BTC, and the buying power for BTC continues to strengthen.
