MicroStrategy Preferred Stock Volume Surges to $1.1B, Bitcoin Holdings Hit 780.9 BTC
MicroStrategy’s preferred stock recorded $1.1 billion in daily trading volume, a 46.5% increase over its previous peak. The company used $1 billion to purchase Bitcoin, raising its holdings to 780.897 BTC.
1. Preferred Stock Volume Surge
MicroStrategy’s preferred stock reached a record $1.1 billion in daily trading volume, marking a 46.5% jump from its previous high. The surge highlights growing investor interest in the company’s crypto-linked securities.
2. Major Bitcoin Acquisition
On the same trading day, MicroStrategy allocated $1 billion to purchase additional Bitcoin, lifting its total holdings to 780.897 BTC. This transaction underscores the firm’s continued strategy of using equity instruments to fund digital asset accumulation.
3. Analyst and Market Insights
Analysts estimate that preferred stock-linked flows may have funded between $600 million and $700 million in Bitcoin purchases, with potential to exceed $1 billion if momentum persists. The low volatility and high liquidity of the session suggest an institutional-scale execution rather than retail-driven trading.