It has taken roughly three weeks for bitcoin to come out of the woods, skyrocket past $100,000, and tap a yearly peak of over $101,000.<\/p>\n
This came after the most recent MicroStrategy purchase, which is sort of unexpected given the developments after the previous such occasions.<\/p>\n
CryptoPotato<\/em> reported<\/a> last Monday, just after the NASDAQ-listed giant announced its then-latest BTC purchase, that the cryptocurrency plunged hard, going from over $94,000 to a monthly low of $91,300. Interestingly, similar price drops transpired after each of the previous MicroStrategy, otherwise bullish acquisitions.<\/p>\n Now, though, the largest digital asset went on the offensive within an hour of the Saylor-led company\u2019s announcement on X. It went from $98,000 to its highest price tag since December 19 of over $101,000.<\/p>\n <\/a>BTC\/USD. Source: TradingView<\/p>\n This price surge arrived after MicroStrategy\u2019s most modest BTC acquisition in the past couple of months. This time, the business intelligence software firm bought only 1,070 BTC for $101 million at an average price of $94,004 per one.<\/p>\n This is a stark contrast from some of the multi-billion dollar purchases completed in November and early December. Nevertheless, most recent reports<\/a> indicated that the company aims to raise another $2 billion to accumulate more of the cryptocurrency.<\/p>\n MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01\/05\/2025, we hodl 447,470 $BTC<\/a> acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR<\/a> https:\/\/t.co\/CkLrLSkB5M<\/a><\/p>\n \u2014 Michael Saylor (@saylor) January 6, 2025<\/a><\/p>\n\n The post Bitcoin Price Skyrockets Above $100K as MicroStrategy Announces Latest Purchase<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" It has taken roughly three weeks for bitcoin to come out of the woods, skyrocket past $100,000, and tap a yearly peak of over $101,000. This came after the most recent MicroStrategy purchase, which is sort of unexpected given the developments after the previous such occasions. CryptoPotato reported last Monday, just after the NASDAQ-listed giant […]<\/p>\n","protected":false},"author":0,"featured_media":33582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33581"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33581"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/33582"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>BTC\/USD. Source: TradingView<\/p>\nThis price surge arrived after MicroStrategy\u2019s most modest BTC acquisition in the past couple of months. This time, the business intelligence software firm bought only 1,070 BTC for $101 million at an average price of $94,004 per one.<\/p>\nThis is a stark contrast from some of the multi-billion dollar purchases completed in November and early December. Nevertheless, most recent reports<\/a> indicated that the company aims to raise another $2 billion to accumulate more of the cryptocurrency.<\/p>\nMicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01\/05\/2025, we hodl 447,470 $BTC<\/a> acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR<\/a> https:\/\/t.co\/CkLrLSkB5M<\/a><\/p>\n\u2014 Michael Saylor (@saylor) January 6, 2025<\/a><\/p>\n\nThe post Bitcoin Price Skyrockets Above $100K as MicroStrategy Announces Latest Purchase<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"It has taken roughly three weeks for bitcoin to come out of the woods, skyrocket past $100,000, and tap a yearly peak of over $101,000. This came after the most recent MicroStrategy purchase, which is sort of unexpected given the developments after the previous such occasions. CryptoPotato reported last Monday, just after the NASDAQ-listed giant […]<\/p>\n","protected":false},"author":0,"featured_media":33582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33581"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33581"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/33582"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTCUSD-5.png\"){kind=link}