MicroStrategy Teases New Bitcoin Purchase After Selling 32 BTC for Dividends
MSTR•Executive Chairman Michael Saylor signaled MicroStrategy will resume Bitcoin acquisitions after sharing a chart of its 846,842 BTC buys since 2020. The company’s June 1 filing showed a sale of 32 BTC for $2.5 million in preferred dividends and $128 million raised via common stock sales.
1. Saylor Teases Next Bitcoin Purchase
Executive Chairman Michael Saylor shared a chart tracking MicroStrategy’s Bitcoin buys since 2020, hinting at renewed acquisitions after a three-week pause.
2. June 1 Filing Reveals Minor BTC Sale for Dividends
The June 1 filing showed a sale of 32 BTC valued at $2.5 million to fund 11.50% STRC preferred dividends, alongside $128 million raised through common stock sales under the ATM program.
3. Current BTC Holdings and Valuation
MicroStrategy holds 846,842 BTC at an average cost of $75,658 per coin, valuing the position at approximately $54.2 billion, about 10% below its average acquisition cost.
