MicroStrategy Signals Bitcoin Buy After $1B Purchase of 13,927 BTC
Michael Saylor’s 'Think Even Bigger' post highlighted a dashboard showing MicroStrategy holds 780,897 BTC at a $59.02B cost basis and average price of $75,577 per coin. A recent SEC filing revealed a $1.0B purchase of 13,927 BTC executed between April 6 and April 12, funded by STRC preferred stock sales.
1. Saylor’s Dashboard Post Sparks Buy Speculation
Michael Saylor shared a “Think Even Bigger” dashboard highlighting 780,897 BTC holdings, a $59.02B acquisition cost and average price of $75,577 per bitcoin, alongside $2.25B in USD reserves and 10% net leverage, prompting investors to anticipate another treasury update.
2. Disclosure of $1B Bitcoin Acquisition
An SEC filing dated April 13 detailed the purchase of 13,927 BTC between April 6 and April 12 for approximately $1.0B, funded through sales of STRC preferred stock, bringing total holdings to 780,897 BTC.
3. Financial Capacity Supports Further Buys
MicroStrategy’s $2.25B cash reserves, low 10% net leverage and capital-market access underscore its ability to scale bitcoin exposure further as market conditions warrant.