MicroStrategy Trails 18% Behind Bitcoin Accumulation Goal After $255M Purchase
MicroStrategy holds 818,334 BTC, trailing its 1 million-coin accumulation goal by 18% after adding 3,273 BTC for $255 million at $77,906 and 142,561 BTC year-to-date at a $78,000 average cost. The company carries $8.25 billion in debt, $13.53 billion in preferred stock and incurs $1.49 billion in annual dividend obligations.
1. Crypto Accumulation Race
MicroStrategy and BitMine Immersion Technologies are racing toward corporate crypto holdings, with BitMine holding 5.078 million ETH—84% of its 5% supply target—while MicroStrategy holds 818,334 BTC, about 18% short of its 1 million-coin goal.
2. Bitcoin Purchases and Cost Basis
MicroStrategy acquired 3,273 BTC for $255 million at $77,906 per coin in its latest weekly purchase and added a total of 142,561 BTC year-to-date at an average cost of around $78,000, bringing its overall Bitcoin cost basis to $61.81 billion.
3. Balance Sheet and Dividend Obligations
The company carries $8.25 billion in debt and $13.53 billion in preferred stock, with annual dividend obligations amounting to $1.49 billion on non-yielding Bitcoin assets.