MicroStrategy, Semler, Riot Continue Buying Spree as Bitcoin Sets New Peak

• MicroStrategy has increased its Bitcoin holdings again, purchasing 15,350 BTC for approximately $1.5 billion.
• Semler Scientific and Riot Platforms have also been actively acquiring Bitcoin.
• The king of cryptocurrencies has reached a new all-time high, surpassing $107,000.

As Bitcoin (BTC) surges to new all-time highs, major firms like MicroStrategy, Semler Scientific, and Riot Platforms are stepping up their buying spree.

On Dec. 17, these institutions added a whopping 16,228 Bitcoin to their holdings.

MicroStrategy Acquires 15,350 BTC

MicroStrategy has once again made headlines, acquiring 15,350 BTC for approximately $1.5 billion at an average price of $100,386 per Bitcoin. 

The latest acquisition brings MicroStrategy’s total holdings to 439,000 BTC, valued at roughly $27.1 billion, with an average purchase price of $61,725 per Bitcoin.

The company’s Bitcoin yield—an indicator of performance relative to holdings—now stands at 46.4% quarter-to-date and an impressive 72.4% year-to-date.

This aggressive expansion is part of MicroStrategy’s “21/21 plan,” a strategy unveiled in October to invest $42 billion into Bitcoin over the next three years.

The scale of its recent moves underscores the company’s accelerating pace: since announcing the plan, MicroStrategy has deployed over $16 billion in just under two months—nearly 150% of its total Bitcoin purchases over the previous three years combined.

Semler And Riot Keep On Buying

Semler Scientific and Riot Platforms have also both ramped up their Bitcoin holdings, signaling broader institutional confidence in the asset despite its lofty valuations.

Semler Scientific recently acquired 211 BTC for approximately $21.5 million at an average price of $101,890 per BTC.

This brings the company’s total holdings to 2,084 BTC, acquired for roughly $168.6 million at an average cost of $80,916 per BTC.

Semler’s aggressive strategy has paid off, yielding a 67.0% increase quarter-to-date and an eye-catching 92.8% return since the company adopted Bitcoin as its treasury reserve asset in May.

Meanwhile, Riot Platforms has leveraged proceeds from its upsized $594 million, 0.75% coupon convertible bond offering to acquire an additional 667 BTC at an average price of $101,135.

Riot’s total BTC holdings now stand at 17,429 BTC, currently valued at approximately $1.8 billion based on a market price of $103,873 per BTC.

Coupled with its mining operations, Riot has achieved a BTC yield per share of 36.7% quarter-to-date and 37.2% year-to-date—further cementing its position as a leader in Bitcoin mining and accumulation.