Bitcoin under $90K is not something we've seen since November, but recent economic data dimming hopes of rate cuts caused investor jitters that not even spot bitcoin ETFs inflows or MicroStrategy's latest buy could shake.

MicroStrategy has now surpassed 450,000 Bitcoin, worth around $40 billion, after purchasing an additional 2,530 BTC for $243 million between Jan. 6-12, 2025.

Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it resumed bitcoin purchases at prices well above current levels. The company continued to lean on shareholders to fund the purchases, as it used the $243 million raised through the sale of common stock.

MicroStrategy adds 2,530 BTC worth $243M, continuing its aggressive Bitcoin acquisition strategy with over 450,000 BTC in reserves.

MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.

MicroStrategy acquired 2,530 BTC worth $243 million, raising the total Bitcoin holdings to 450,000. MSTR stock falls after BTC price crash.

Cantor analyst sees MicroStrategy stock rising as the company continues to add bitcoin to its balance sheet, despite a recent BTC price slump.

Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, cast aspersions on MicroStrategy Inc.’s (NASDAQ:MSTR) debt-powered Bitcoin (CRYPTO: BTC) buying strategy,