MicroStrategy’s Executive Chairman Michael Saylor posted a tracker indicating a fresh Bitcoin acquisition could be imminent following a three-week buying pause. The company holds 846,842 BTC at an average cost of $75,658, valuing the position at approximately $54.2 billion, roughly 10% below current market levels.
MicroStrategy Executive Chairman Michael Saylor posted the company’s Bitcoin tracker showing orange dots marking past purchases and hinting at a new buy after a three-week halt. This signal follows the firm’s June 1 filing that surprisingly revealed a small sale rather than an acquisition.
MicroStrategy holds 846,842 Bitcoins acquired at an average price of $75,658 each. At the recent trading level near $64,082, the position is valued around $54.2 billion, sitting roughly 10% below its cost basis.
To cover its 11.5% annual preferred dividend, the company sold 32 BTC for $2.5 million and issued $128 million of common stock under its at-the-market program. These moves highlight the balance between accumulation strategy and funding obligations.
