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Sergi Mamedov
Sergi Mamedov

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🌟 Breaking: MicroStrategy Buys 10,107 Bitcoin for $1.1 Billion

πŸ“ˆ 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.

πŸ’° 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.

πŸ“Š 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.

πŸ“‰ 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.

⚠️ Disclaimer:

This post is for informational purposes only and does not constitute financial advice or endorsement. Participation in these promotions is entirely voluntary, and you should carefully review the terms and conditions before proceeding.
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