TLDR
- MicroStrategy has expanded its Bitcoin portfolio with a 2,530 BTC purchase worth $243 million
- Bitcoin’s price fell from $108,135 to $92,277, representing a 9% decline
- Semler Scientific acquired 237 BTC at $98,267 per coin
- Corporate buying continues despite market uncertainty
- Total institutional Bitcoin holdings increase amid price correction
Two major corporations have increased their Bitcoin holdings as the cryptocurrency’s price pulls back from recent highs. The purchases highlight ongoing institutional interest in digital assets despite market volatility.
MicroStrategy has added another 2,530 Bitcoin to its holdings, maintaining its position as the largest corporate Bitcoin holder. The company spent $243 million on the purchase, paying an average of $95,972 per Bitcoin, including transaction costs.
The purchase was funded through a stock offering, with MicroStrategy selling 710,245 shares in the first two weeks of January. This marks the company’s tenth straight week of Bitcoin acquisitions, bringing its total holdings to 450,000 BTC.
When calculated in dollar terms, MicroStrategy has now invested $28.2 billion in Bitcoin, with an average purchase price of $62,691 per coin. The company’s CEO Michael Saylor announced that their Bitcoin strategy has produced a yield of 0.32% since the start of the year.
Healthcare company Semler Scientific has also stepped up its Bitcoin purchases. The medical manufacturer bought 237 Bitcoin between mid-December and early January, paying $23.3 million at an average price of $98,267 per coin.
This latest purchase brings Semler Scientific’s total Bitcoin holdings to 2,321 coins. The company has spent $191.9 million building its position, with an average purchase price of $82,687 per Bitcoin. The funds came from a combination of market stock offerings and company cash flow.
Semler Scientific’s move into Bitcoin started in May 2024 with an initial purchase of 581 coins. The company followed up with another buy of 303 Bitcoin in December, showing a pattern of steady accumulation over time.
These corporate purchases come as Bitcoin’s price has pulled back from its peak. After reaching an all-time high of $108,135 on December 17, the cryptocurrency has traded in a range between $90,000 and $100,000.

Current market prices show Bitcoin trading at $92,277, representing a 9% decline from recent highs. Market analysts are watching the $90,000 level closely, as a break below this point could lead to further declines toward $84,000.
The response to these purchases in the stock market has been mixed. MicroStrategy’s shares dropped 4.8% to $312.16 following the announcement. However, the company’s stock price has risen 540% over the past year, tracking Bitcoin’s overall price gains in 2024.
Trading volumes have remained stable during the price decline, suggesting steady market activity despite the pullback. The current price range indicates a period of consolidation following the strong upward movement that led to December’s record high.
Some market observers have noted potential headwinds ahead. Crypto entrepreneur Arthur Hayes suggested that more price corrections could occur as the United States approaches President-elect Donald Trump’s January 20 inauguration.
However, technical analysts using Elliott Wave theory have provided a contrasting view. Their analysis suggests that once the current correction ends, Bitcoin could potentially reach $210,000, though such predictions remain speculative.
The timing of these corporate purchases aligns with a common investment strategy of buying during price dips. Both companies have shown they’re willing to add to their positions when prices pull back from recent highs.
MicroStrategy’s approach involves regular, systematic purchases funded through stock sales. This strategy has helped the company build the largest corporate Bitcoin position while spreading out its buying over time.
Semler Scientific has taken a more measured approach, making larger purchases at specific intervals. The company has used both stock offerings and operating cash flow to fund its Bitcoin acquisitions.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support