MicroStrategy Buys 3,273 BTC for $255M, STRC Volume Hits $7.2B
MicroStrategy purchased 142,561 BTC year-to-date at an average cost of $78,000, added 3,273 BTC for $255 million last week via common shares, and now holds 815,061 bitcoins acquired for $61.56 billion. STRC volume hit $7.2 billion in April; spot bitcoin ETFs drew $2.7 billion in three weeks, stoking supply-squeeze concerns.
1. Bitcoin Accumulation Strategy
MicroStrategy has continued aggressive bitcoin buying, adding 142,561 BTC year-to-date at an average price of $78,000 per token and acquiring 3,273 bitcoins for $255 million last week via common-stock sales, bringing its total holdings to 815,061 BTC acquired for $61.56 billion.
2. Financing Through STRC and Equity
The company has largely funded its purchases through sales of its perpetual preferred STRC product and common shares, with STRC volume rising to $7.2 billion in April, up from $5.7 billion in March, easing dilution concerns for common shareholders.
3. Institutional Flows and Supply‐Squeeze Dynamics
Spot bitcoin ETFs have attracted $2.7 billion in net inflows over the past three weeks, while rapid corporate accumulation has prompted warnings of a potential supply squeeze if buying continues at the current pace.