MicroStrategy’s $1 B BTC Buy Sparks ‘Think Even Bigger’ Treasury Signal
Michael Saylor’s “Think Even Bigger” post showcased MicroStrategy’s 780,897 BTC holdings, acquired for a total of $59.02 billion at an average cost of $75,577 per bitcoin, following an SEC filing disclosing a 13,927 BTC purchase for roughly $1 billion. The dashboard showed $2.25 billion reserves and 10% net leverage, suggesting room for further bitcoin buys.
1. Recent Bitcoin Purchase
Between April 6 and April 12, MicroStrategy acquired 13,927 BTC for approximately $1 billion, funding the purchase through sales of its STRC preferred stock. This update was filed with the SEC on April 13 and brought the company’s total bitcoin holdings to 780,897 BTC.
2. Saylor’s Treasury Signal and Liquidity
Executive Chairman Michael Saylor’s weekend post paired a “Think Even Bigger” message with a dashboard showing a total acquisition cost of $59.02 billion and an average bitcoin purchase price of $75,577. The same dashboard highlighted $2.25 billion in USD reserves and 10% net leverage, underscoring the company’s capacity for additional bitcoin acquisitions.