MicroStrategy (MSTR) acquired 855 bitcoins last week at an average price of approximately $87,974 per coin, spending around $75.3 million. This purchase occurred amid a sudden dip in Bitcoin prices, which briefly fell below $75,000 over the weekend. Although the recent acquisition was relatively small, MicroStrategy has bought hundreds of millions to billions of dollars worth of Bitcoin in recent weeks. Led by Michael Saylor, the company now holds a total of 713,502 bitcoins purchased for about $54.26 billion, with an average cost of $76,052 per coin. Bitcoin’s current price near $77,000 has brought the investment close to breakeven, marking a significant milestone after more than five years of continuous buying.
The latest purchase was funded through the sale of MicroStrategy’s common shares, part of its ongoing Bitcoin acquisition strategy. Price volatility caused the company’s assets to briefly dip into losses, but these diminished as prices recovered. MicroStrategy remains the world’s largest corporate Bitcoin holder and has shown no signs of slowing its buying pace. Michael Saylor hinted at further acquisitions in 2026, following a large purchase of over 22,000 bitcoins in January. The company also raised its preferred share dividend rate to 11.25%, providing additional funds for Bitcoin purchases.
Meanwhile, MicroStrategy’s shares fell approximately 7% to multi-year lows due to Bitcoin price fluctuations and overall crypto market uncertainty. Bitcoin’s current market capitalization stands near $1.56 trillion, constrained by a fixed supply capped at 21 million coins.
Source: bitcoinmagazine
