MicroStrategy Eyes Bitcoin Buy as 846,842 BTC Holdings Valued at $54.2B
MSTR•MicroStrategy holds 846,842 BTC at an average cost of $75,658, valuing its stash at about $54.2B, and sold 32 BTC for $2.5M to fund 11.5% STRC dividends. Chairman Michael Saylor teased a fresh Bitcoin purchase after a three-week pause, as Bitcoin trades near $64,000, boosting the value of its holdings.
1. Saylor Teases New Bitcoin Buy
Executive Chairman Michael Saylor shared a chart mapping MicroStrategy's Bitcoin acquisitions since 2020, marking dots for each buy and fueling speculation about another purchase after a three-week pause.
2. Funding Dividends Through BTC Sales and Stock Issuance
MicroStrategy sold 32 BTC for $2.5M to cover 11.5% annual dividends on its STRC preferred shares and issued $128M of common stock under its at-the-market program to support further acquisitions.
3. Valuation of Bitcoin Holdings
As of the latest filing, MicroStrategy holds 846,842 BTC at an average cost of $75,658 per coin, with current Bitcoin prices near $64,000 valuing the position around $54.2B, roughly 10% below cost.
