MicroStrategy's $54.2B Bitcoin Hoard Sits 10% Below Cost as Saylor Teases Buy
MSTR•MicroStrategy holds 846,842 BTC at an average cost of $75,658 per coin, a position valued at $54.2 billion and about 10% below cost. Executive Chairman Michael Saylor signaled a fresh purchase after the firm sold 32 BTC for $2.5 million and issued $128 million of common stock.
1. Bitcoin Holdings and Valuation
MicroStrategy holds 846,842 BTC at an average cost of $75,658 per coin, valuing its digital assets at approximately $54.2 billion. This position sits about 10% below the firm's average purchase price, reflecting unrealized losses given current Bitcoin prices.
2. Recent Sales and Funding Activities
On June 1 the company sold 32 BTC for $2.5 million to cover an 11.50% annual preferred-share dividend and issued $128 million of common stock under its at-the-market program. These transactions mark a slowdown in its weekly Bitcoin accumulation.
3. Next Bitcoin Purchase Signal
Executive Chairman Michael Saylor shared a tracker chart plotting past Bitcoin acquisitions with orange dots marking each buy since 2020 and captioned it to hint at another purchase. MicroStrategy’s next Monday filings will confirm whether new Bitcoin buys have occurred.
