MicroStrategy has ramped up its Bitcoin investment, acquiring an additional 2,530 BTC for $243 million in the week ending January 12. This latest purchase brings their total holdings to a staggering 450,000 BTC. The average price for this recent acquisition was $95,972, pushing the overall average purchase price of their holdings to $62,691. Despite this bullish move, MicroStrategy’s shares dipped nearly 5% in premarket trading, mirroring a similar decline in Bitcoin’s price, which now hovers just above $90,000. Meanwhile, Semler Scientific also joined the Bitcoin buying spree, adding 237 BTC for $23.3 million, bringing their total to 2,321 BTC at an average price of $82,867. Their shares also fell, dropping almost 7% in premarket trading.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
