Strategy bought 1,587 BTC for $100 million at an average price of $63,024, bringing its total holdings to 846,842 BTC acquired at a cost of $64.07 billion. It funded the purchase by selling 1.73 million Class A shares for $209 million, preferred program strained, preserving $25.7 billion of issuance capacity.
Last week MicroStrategy acquired 1,587 additional Bitcoin for $100 million at an average price of $63,024 per coin, lifting its total to 846,842 BTC with an aggregate cost of $64.07 billion.
The company funded the purchase entirely via an at-the-market sale of 1.73 million Class A shares, which generated $209 million as its preferred share unit remained below the $100 par threshold, limiting that funding channel.
Following the transaction, MicroStrategy retains about $25.7 billion of remaining issuance capacity under its share programs and holds roughly $1.1 billion in cash reserves for future acquisitions.
MicroStrategy’s shares climbed more than 6% during morning trading after the disclosure, while retail sentiment on social platforms shifted to neutral with lower discussion volumes than the prior day.
