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MicroStrategy, Semler Stock Up on Bitcoin Even as Market Wavers

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Giuseppe Ciccomascolo
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Key Takeaways

  • MicroStrategy has purchased 2,530 BTC for $243 million, increasing its Bitcoin holdings to 450,000 BTC.
  • Semler Scientific has also acquired 237 BTC, bringing its total stack to 2,321 BTC.
  • Bitcoin’s price saw a sharp drop below $90,000 before rebounding, among high liquidations.

MicroStrategy and Semler Scientific have bolstered their BTC holdings with new significant acquisitions, even as Bitcoin slipped below $90,000 for the first time in months.

MicroStrategy Purchase Activity Continues

MicroStrategy has once again demonstrated its commitment to Bitcoin, purchasing an additional 2,530 BTC  for approximately $243 million.

This acquisition, completed at an average price of $95,972 per Bitcoin, pushes the company’s total holdings to an impressive 450,000 BTC. 

 

MicroStrategy BTC acquisitions
MicroStrategy’s acquisitions over time. | Credit: Bitcoin Treasuries by Bitbo

The firm’s total investment now stands at around $28.2 billion, with an average acquisition price of $62,691 per Bitcoin.

Semler Buys 237 Bitcoin

Semler Scientific has also expanded its Bitcoin holdings, acquiring 237 BTC for approximately $23.3 million at an average price of about $98,267 each.

Since implementing its Bitcoin treasury strategy in May 2024, the company has seen an impressive BTC yield of 99.3%.

The company now holds 2,321 BTC, representing an investment of roughly $191.9 million, with an average acquisition price of about $82,687 per Bitcoin.

At the time of this writing, Semler Scientific’s market capitalization  is $452.3 million. This means its Bitcoin stack is worth nearly half the company’s value.

BTC Price Drops Below $90,000

On Monday, Jan. 13, Bitcoin price dropped significantly , falling below $90,000, marking its lowest level in several weeks.

However, the asset quickly recovered, rebounding to $95,000 at the time of writing.

As per CoinGlass data , total liquidations hit $657.1 million over the past day, split between $439.5 million from long positions and $217.6 million from short positions.

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Giuseppe Ciccomascolo

Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors. Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
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