MicroStrategy Slows Bitcoin Buying, Holds 815,061 BTC Valued at $61.6B
MicroStrategy added 3,273 BTC for $255 million last week by selling common shares, down from $3.5 billion of purchases over the prior two weeks. The company now holds 815,061 BTC—acquired at about $78,000 per token and valued at $61.6 billion—raising industry concerns of a looming supply squeeze.
1. Purchase Pace Slows
MicroStrategy acquired 3,273 BTC for $255 million in the week ended April 27, marking a slowdown from $3.5 billion of purchases over the prior two weeks. This deceleration represents the first notable pullback in its aggressive acquisition strategy this month.
2. Total Bitcoin Holdings
The firm’s cumulative balance now stands at 815,061 BTC, purchased at an average cost of roughly $78,000 per token. At current market levels, these holdings translate to about $61.6 billion on MicroStrategy’s balance sheet.
3. Market Implications
Analysts warn that continued corporate accumulation at this scale could strain available Bitcoin supply and drive prices upward. Funding through common share issuances and STRC preferred offerings further introduces dilution risks for shareholders.