MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has announced the acquisition of an additional 10,624 Bitcoin (BTC) for approximately $962 million. This latest purchase further solidifies the company's position as one of the largest corporate holders of Bitcoin, aligning with its long-term strategy of using BTC as a treasury reserve asset.MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has announced the acquisition of an additional 10,624 Bitcoin (BTC) for approximately $962 million. This latest purchase further solidifies the company's position as one of the largest corporate holders of Bitcoin, aligning with its long-term strategy of using BTC as a treasury reserve asset.

MicroStrategy Buys Additional 10,624 BTC for $962M, Boosting Bitcoin Holdings

2025/12/09 18:25

Keywords: MicroStrategy Bitcoin purchase, additional BTC buy, MicroStrategy BTC holdings, Michael Saylor crypto strategy, Bitcoin treasury asset

MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has announced the acquisition of an additional 10,624 Bitcoin (BTC) for approximately $962 million. This latest purchase further solidifies the company's position as one of the largest corporate holders of Bitcoin, aligning with its long-term strategy of using BTC as a treasury reserve asset.

Details of the Purchase
According to a recent SEC filing, MicroStrategy acquired the 10,624 BTC between specific dates at an average price of about $90,500 per coin. The transaction, funded through convertible notes and cash reserves, brings the company's total Bitcoin holdings to over 250,000 BTC, valued at more than $15 billion at current prices. This move comes amid Bitcoin's price recovery, hovering around $60,000 after a volatile period.

Michael Saylor, MicroStrategy's executive chairman, reiterated on social media: "Bitcoin is the apex property," emphasizing the firm's belief in BTC as a superior store of value compared to traditional assets like gold or fiat currencies.

Background on MicroStrategy's Bitcoin Strategy
Since 2020, MicroStrategy has aggressively accumulated Bitcoin, pioneering the concept of "Bitcoin as a treasury asset" among public companies. The firm has raised billions through debt offerings to finance these purchases, betting on BTC's scarcity and potential for appreciation. This strategy has paid off during bull markets but has also exposed the company to volatility, with shares (MSTR) often moving in tandem with Bitcoin's price.

The latest buy follows a pattern of consistent acquisitions, even during bear markets, showcasing Saylor's unwavering conviction. Analysts note that MicroStrategy's holdings now represent about 1% of Bitcoin's total supply, influencing market sentiment and inspiring other corporations like Tesla and Metaplanet.

Market Impact and Reactions
The announcement triggered a positive ripple in the crypto market, with Bitcoin's price ticking up 2% shortly after. Institutional accumulation like this is seen as a bullish signal, potentially encouraging more corporate adoption. "MicroStrategy's buys are a vote of confidence in Bitcoin's long-term value," said Bloomberg analyst Eric Balchunas.

However, critics argue the strategy risks overexposure to crypto volatility, especially with rising interest rates. Despite this, MicroStrategy's stock has outperformed many tech peers, gaining over 100% year-to-date.

Looking Forward
As Bitcoin approaches its next halving and potential ETF-driven inflows, MicroStrategy's aggressive accumulation could amplify gains. The firm shows no signs of slowing down, with Saylor hinting at further purchases. For investors tracking Bitcoin treasury strategies or MicroStrategy BTC holdings, this development reinforces BTC's growing role in corporate finance.

Stay informed on additional BTC buys and crypto market trends through our updates.

Disclaimer: The articles published on this page are written by independent contributors and do not necessarily reflect the official views of MEXC. All content is intended for informational and educational purposes only and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC. Cryptocurrency markets are highly volatile — please conduct your own research and consult a licensed financial advisor before making any investment decisions.

You May Also Like

Why Tom Lee’s BitMine Is Buying Ethereum (ETH) Aggressively Despite Market Fear

Why Tom Lee’s BitMine Is Buying Ethereum (ETH) Aggressively Despite Market Fear

BitMine Immersion Technologies, the largest corporate holder of Ethereum (ETH), has doubled down on its acquisition of ETH in December, highlighting confidence in the asset. The renewed buying comes despite a tough environment for Ethereum. Rising exchange inflows and ongoing exchange-traded fund (ETF) outflows point to short-term pressure across the market. BitMine Scoops Up 138,452 ETH in a Week, Now Controls 3.2% of Supply According to a recent disclosure, BitMine acquired 138,452 ETH last week, representing a 156% increase over the previous four weeks. Its total holdings stand at 3.86 million ETH. This accounts for over 3.2% of Ethereum’s circulating supply. Furthermore, it puts BitMine two-thirds of the way toward its goal to control 5% of ETH’s supply. Since adopting ETH as a reserve asset, BitMine has continued to make large-scale purchases. Between June 30 and October 5, BitMine accumulated 2.83 million ETH. Since October 5, it has added another 1.03 million ETH to its holdings. Ethereum’s weakness throughout the fourth quarter makes BitMine’s steady accumulation even more notable. Since early October, ETH has shed about 24.8% of its value, reflecting persistent downward pressure. December has offered a small break from that trend. The price has climbed more than 4% since the start of the month, and with it have climbed BitMine’s ETH purchases. According to BitMine Chairman Tom Lee, the company’s accelerated purchasing activity reflects its confidence that ETH will likely see gains in the coming months, supported by several key catalysts. These include the Fusaka upgrade, which was activated last week and delivers meaningful improvements to Ethereum’s scalability, security, and overall network efficiency. BitMine also points to the broader macro backdrop, with the Federal Reserve ending quantitative tightening and potentially introducing another interest rate cut tomorrow. Together, these developments form the basis for the company’s view that market conditions could turn more supportive for ETH after weeks of volatility. “We are now more than 8 weeks past the October 10th liquidation shock event, a sufficient length of time to allow crypto to again trade on forward fundamentals,” Lee added. Market Conditions Point to Near-Term Volatility Despite this, on-chain data signals caution. CryptoOnchain noted that Ethereum exchange netflow to Binance has surged. The exchange received 162,084 ETH on December 5, 2025. This was the largest single-day inflow of ETH to the exchange since May 2023. Large deposits on exchanges often suggest impending sell pressure, since investors typically transfer tokens to platforms before liquidating. “Given the magnitude of this inflow, market participants should remain cautious. A supply shock of this size, if executed as market orders, could lead to heightened volatility or a short-term price correction,” the analyst stated. Furthermore, Ethereum exchange-traded funds are also signaling weakened demand. The ETFs experienced a record $1.4 billion in net outflows in November 2025, marking the largest monthly withdrawal on record. The trend has continued into December. According to SoSoValue, an additional $65.59 million exited ETH-focused ETFs in the first week of the month. “Historically, ETF flow reversals tell you more about liquidity pressure than about long term fundamentals. When redemptions spike, it’s usually a sign that broader risk sentiment is cracking, not that the asset itself broke. If ETF outflows continue, near term price action stays choppy as liquidity gets drained at the edges,” Milk Road posted. The ongoing divergence between direct accumulation and ETF redemptions highlights a market split, with retail and institutional players following diverging strategies regarding Ethereum’s outlook.
Share
Coinstats2025/12/09 16:08
Tom Lee’s BitMine Continues Aggressive Buying of Ethereum

Tom Lee’s BitMine Continues Aggressive Buying of Ethereum

The post Tom Lee’s BitMine Continues Aggressive Buying of Ethereum appeared on BitcoinEthereumNews.com. BitMine Immersion Technologies, the largest corporate holder of Ethereum (ETH), has doubled down on its acquisition of ETH in December, highlighting confidence in the asset. The renewed buying comes despite a tough environment for Ethereum. Rising exchange inflows and ongoing exchange-traded fund (ETF) outflows point to short-term pressure across the market. Sponsored BitMine Scoops Up 138,452 ETH in a Week, Now Controls 3.2% of Supply According to a recent disclosure, BitMine acquired 138,452 ETH last week, representing a 156% increase over the previous four weeks. Its total holdings stand at 3.86 million ETH. This accounts for over 3.2% of Ethereum’s circulating supply. Furthermore, it puts BitMine two-thirds of the way toward its goal to control 5% of ETH’s supply. Since adopting ETH as a reserve asset, BitMine has continued to make large-scale purchases. Between June 30 and October 5, BitMine accumulated 2.83 million ETH. Since October 5, it has added another 1.03 million ETH to its holdings. Ethereum’s weakness throughout the fourth quarter makes BitMine’s steady accumulation even more notable. Since early October, ETH has shed about 24.8% of its value, reflecting persistent downward pressure. Sponsored December has offered a small break from that trend. The price has climbed more than 4% since the start of the month, and with it have climbed BitMine’s ETH purchases. According to BitMine Chairman Tom Lee, the company’s accelerated purchasing activity reflects its confidence that ETH will likely see gains in the coming months, supported by several key catalysts. These include the Fusaka upgrade, which was activated last week and delivers meaningful improvements to Ethereum’s scalability, security, and overall network efficiency. BitMine also points to the broader macro backdrop, with the Federal Reserve ending quantitative tightening and potentially introducing another interest rate cut tomorrow. Together, these developments form the basis for the company’s view…
Share
BitcoinEthereumNews2025/12/09 16:50