MicroStrategy Flags Potential Bitcoin Purchase After $1B Buy
Executive Chairman Michael Saylor’s “Think Even Bigger” dashboard repost highlighted MicroStrategy’s 780,897 BTC holdings at a $59.02 billion acquisition cost and $75,577 average purchase price, sparking anticipation of another filing. The company bought 13,927 BTC for roughly $1 billion April 6–12, supported by $2.25 billion USD reserves and 10% net leverage.
1. Soft Signal Sparks Market Speculation
Michael Saylor shared a “Think Even Bigger” dashboard highlighting MicroStrategy’s 780,897 BTC holdings, with a total acquisition cost of $59.02 billion and an average purchase price of $75,577. This soft signal has led investors to anticipate a formal filing for another large bitcoin acquisition.
2. Recent Bitcoin Acquisition Details
In an April 13 filing, MicroStrategy disclosed it acquired 13,927 bitcoin for approximately $1 billion between April 6 and 12, financed through sales of STRC preferred stock. The company’s $2.25 billion in USD reserves and 10% net leverage suggest capacity for further bitcoin purchases.