MicroStrategy’s $1 B Purchase of 13,927 BTC Fuels Further Buy Expectations
MicroStrategy’s dashboard post showed 780,897 BTC holdings valued at a $59.02 billion acquisition cost and an average purchase price of $75,577 per bitcoin, following its April 6–12 purchase of 13,927 BTC for about $1 billion funded by preferred-stock sales. It also holds $2.25 billion in cash reserves with 10% net leverage.
1. Dashboard Signal and Holdings
Executive Chairman Michael Saylor shared a dashboard titled “Think Even Bigger” highlighting 780,897 BTC on the balance sheet, a total acquisition cost of $59.02 billion, and an average purchase price of $75,577 per bitcoin. This soft signal has shaped market expectations for further acquisitions by the company.
2. Recent Bitcoin Acquisition
An SEC filing dated April 13 revealed that the company acquired 13,927 BTC between April 6 and April 12 for roughly $1 billion, funding the purchase through sales of its STRC preferred stock. That transaction raised total holdings to the current 780,897 BTC.
3. Liquidity and Leverage Position
The dashboard also showed $2.25 billion in USD reserves and 10% net leverage, indicating the company retains capacity for additional bitcoin purchases. With bitcoin trading near the firm’s average cost basis, investors are focused on whether the latest signal will lead to another formal treasury update.