📈 Massive $BTC Acquisition
MicroStrategy purchased 10,107 BTC at ~$105,596 per coin, totaling ~$1.1B. In January 2025, the firm acquired 24,707 BTC, bringing its total holdings to 461,000 BTC worth ~$29.3B at ~$63,610 per coin.
💰 Funding Bitcoin Purchases
MicroStrategy increased its Class A shares from 330M to 10.3B, enabling a $42B fundraising plan to buy more Bitcoin. The firm also plans to redeem $1.05B in senior notes by February 2025, reducing financial risks and reinforcing its Bitcoin strategy.
📊 Potential Tax Implications
Under the 2022 Inflation Reduction Act, MicroStrategy may owe federal taxes on $19.3B in unrealized Bitcoin gains. This could force the company to sell some Bitcoin to cover tax obligations, impacting its holdings.
📉 Crypto Market Decline
The global crypto market cap fell 5.37% to $3.42T, led by Bitcoin's 5% drop to $99K. Liquidations totaled $860.55M in 24 hours, with $260M from Bitcoin. The downturn followed buzz around China’s AI app, DeepSeek.
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