MicroStrategy Holds 846,842 BTC at 10% Discount, Saylor Hints New Buy
MSTR•MicroStrategy holds 846,842 BTC at an average cost of $75,658, placing its stake about 10% underwater relative to current spot prices. After a three-week pause and a recent 32 BTC sale to fund $2.5 million in dividends, Michael Saylor shared a chart signaling another potential Bitcoin purchase.
1. Saylor Teases Next Bitcoin Purchase
Michael Saylor shared an updated chart plotting MicroStrategy’s 846,842 BTC holdings against its $75,658 average purchase price, captioning the graphic to suggest an imminent additional acquisition.
2. Pause in Accumulation
The company has not reported any Bitcoin purchases in three weeks and recently sold 32 BTC for $2.5 million to meet its preferred stock dividend obligation, marking a clear slowdown in its accumulation strategy.
3. Funding Dividends via Stock Sales
To cover its 11.50% annual rate on STRC preferred shares, MicroStrategy also raised $128 million through its at-the-market common stock program, balancing new capital inflows with selective Bitcoin sales.
4. Outlook for Weekly Holdings Update
MicroStrategy typically files a Bitcoin holdings update each Monday, and the next report will reveal whether additional purchases have been made or if the current pause in buying continues.
