MicroStrategy Buys $330M Bitcoin, Total Holdings Reach 766,970 BTC
MicroStrategy bought $330 million more Bitcoin last week, lifting its total holdings to 766,970 BTC (roughly 4% of circulating supply) valued at $58 billion. The purchases leave the company with about $5 billion in unrealized losses on its crypto treasury.
1. $330 Million Bitcoin Acquisition
Last week MicroStrategy acquired an additional $330 million in Bitcoin, bringing its total holdings to 766,970 BTC. This purchase increases the company’s control to approximately 4% of Bitcoin’s circulating supply, reinforcing its strategy of using Bitcoin as a primary treasury asset.
2. Unrealized Losses Impact
At current market levels, the company’s Bitcoin treasury reflects an unrealized loss of about $5 billion. That paper loss underscores the volatility risk on MicroStrategy’s balance sheet and may influence its stock performance as Bitcoin prices fluctuate.