Michael Saylor Doubles Down: MicroStrategy Scoops Up Another $51M in Bitcoin Amid Market Frenzy

MicroStrategy just turbocharged its crypto war chest—again. The enterprise software-turned-Bitcoin-hoarding giant added another $51 million worth of BTC to its holdings last week, proving Saylor’s laser-eyed conviction hasn’t wavered.

The Unstoppable Bitcoin Accumulator

While Wall Street hedges with ETFs, Saylor’s going straight to the source—buying actual Bitcoin like it’s going out of style (which, given the price swings, might feel true some days). This latest purchase brings MicroStrategy’s total stash to a staggering [original data not provided] BTC.

Why It Matters

In a world where CEOs flip-flop on crypto faster than a pancake breakfast, Saylor’s consistency is either genius or madness—depending on which hedge fund manager you ask. One thing’s clear: he’s betting the company (literally) that Bitcoin eats fiat for lunch.

*Bonus jab: Meanwhile, traditional finance still thinks ‘blockchain’ is a type of Scandinavian furniture.*

What to know

• Strategy (MSTR) added 430 bitcoin for $51.4 million last wek.

• Total holdings now foot to 629,376 coins worth about $72 billion as bitcoin declined to $115,000 overnight.

• Strategy updated its ATM equity guidance, allowing issuance of common stock below 2.5x mNAV when deemed advantageous.

Strategy (MSTR) — the original and leading Bitcoin treasury company — added 430 bitcoin to its stack last week.

Led by Executive Chairman Michael Saylor, the company made these latest purchases at an average price of $119,666 each for a total of $51.4 million.

Strategy now holds 629,376 bitcoin purchased at an average pice of $73,320 each. Bitcoin's large overnight decline has brought the price down to $115,000, making MSTR's stack worth about $72 billion.

Saylor also announced that Strategy is revising its at-the-market (ATM) equity issuance guidance. Previously, the company had stated that it WOULD not issue common stock when the shares were trading below 2.5x mNAV — a move intended to ease equity-holder concerns about dilution.

The updated guidance now provides flexibility to issue equity below this threshold when deemed advantageous to the company.

MSTR shares are lower by 2.2% premarket and down by more than 10% over the past week. Shares remain higher by about 20% year-to-date.