Michael Saylor’s MicroStrategy Acquires 390 Bitcoin in $43 Million Strategic Move

Bitcoin Bull Doubles Down on Digital Gold Strategy

MicroStrategy continues its relentless Bitcoin accumulation spree, snapping up another 390 BTC for $43 million in fresh capital deployment. The business intelligence firm now holds one of the largest corporate Bitcoin treasuries globally.

Strategic Dollar Devaluation Hedge

Saylor's company keeps converting fiat reserves into the digital asset, betting big on Bitcoin's long-term store of value proposition. The latest purchase brings their total holdings to over 200,000 BTC acquired at an average price below current market rates.

Corporate Treasury Revolution

While traditional finance executives debate quarterly earnings, MicroStrategy keeps stacking sats—proving either visionary foresight or spectacular corporate gambling, depending on which Wall Street analyst you ask. Because nothing says 'financial prudence' like betting the company treasury on volatile digital assets.

In the latest purchase, Strategy used preferred stock issuance through an at-the-money program, instead of cash FLOW or debt. This enables the firm to increase its Bitcoin (BTC) accumulation without impacting short-term liquidity. However, it has the potential to dilute shareholders over time.

This was Strategy’s third purchase this month, which amounted to 914 BTC, at a total cost of $101 million. The average cost for this batch was $110,500 per BTC, which is 49% higher than its current total average cost of $74,032.

Strategy accelerates its Bitcoin buying spree

Buying BTC near historic highs shows Saylor’s conviction that the asset is still undervalued. What is more, markets seem to think the same, as traders have reacted positively to the announcement. Namely, MSTR stock was up 2.69% during trading hours on the same day of the purchase, reaching $296.67.

Still, the company’s stock remains more volatile than Bitcoin itself. In the last three months, MSTR fell 26%, due to ongoing volatility in the crypto markets. Still, the stock is up 16% over the past year.

Strategy remains the largest corporate Bitcoin owner, with 640,808 BTC. This figure represents 3% of the total possible BTC supply, which caps out at 21 billion, as well as over 5% of its circulating supply, currently at 19.5 billion.