$BTCUSDT 1ST TARGET HIT CHART SAY LOOK CHAT FOR MORE

BTCUSDT 1ST TARGET HIT CHART SAY LOOK CHAT FOR MORE

MicroStrategy Extends Bitcoin Buying for 9th Continuous Week & Bitcoin Holdings with 101M Investment

On the evening of January 6th, 2025, publicly traded company MicroStrategy announced that it had purchased an additional 1,070 Bitcoins for $101 million in cash over the past week, at an average price of $94,004 per coin.

This latest MicroStrategy extends Bitcoin purchase, funded by selling nearly 320,000 convertible bonds. As of January 6th, the company still has 6.77 billion convertible bonds available to issue in subsequent offerings.

The BTC investment return (BTC Yield) for the year 2024 was 74.3%, while the return for Q4 2024 was 48%.

As before each Bitcoin purchase announcement, billionaire Michael Saylor often teases the news by posting an image of the SaylorTracker portfolio tracking tool.

Chart Analysis (BTC)

💫NEW ATH : $108,306.16

🎆ENTRY POINT : $94428.96

🎇STOPLOSS ZONE : $90,444.77

1ST TARGET $99,762.63 🔥
2ND TARGET $102,461.96
3RD TARGET $105,501.97
4TH TARGET $108,306.16

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