MicroStrategy Boosts Bitcoin Holdings for 10th Straight Week

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MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, has continued its aggressive accumulation of Bitcoin, marking the tenth straight week of purchases.

In the week ending January 12, MicroStrategy acquired 2,530 BTC at an average price of $95,972 per bitcoin, spending $243 million. This purchase brings the company’s total Bitcoin holdings to 450,000 BTC, with an overall average purchase price of $62,691. Saylor teased the announcement on X (formerly Twitter) on Sunday.

Despite the acquisition, shares of MicroStrategy were down nearly 5% in premarket trading, mirroring Bitcoin’s decline to just above $90,000.

Semler Scientific (SMLR), another company betting heavily on Bitcoin, announced its acquisition of an additional 237 BTC for $23.3 million. The purchase, made using proceeds from an at-the-market (ATM) offering and operating cash flow, had an average price of $98,267 per bitcoin. With this buy, Semler Scientific now holds 2,321 BTC, valued at $191.9 million with an average purchase price of $82,867. Shares of Semler Scientific also dropped nearly 7% in premarket trading.

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