MicroStrategy May Continue Bitcoin Accumulation, Buys 850 BTC for $99.7M Funded by MSTR and STRF Sales

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  • 850 BTC purchased for $99.7 million

  • The acquisition was funded by $80.6M from MSTR sales and $19.4M from STRF sales, per SEC filing.

  • Strategy now holds 639,835 BTC worth a cumulative $47.33 billion; average cost $73,971/BTC.

Strategy buys 850 BTC for $99.7M, funded via MSTR and STRF share sales. Read details on financing, holdings, and market context — full breakdown and next steps.

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What is Strategy’s latest Bitcoin purchase?

Strategy buys 850 BTC for $99.7 million, marking the firm’s eighth consecutive week of acquisitions. The purchase increases its aggregate holdings to 639,835 BTC, bought for a total of $47.33 billion and an average price of $73,971 per Bitcoin.

How was the 850 BTC purchase funded?

The acquisition was financed by corporate share sales. According to the company’s SEC filing, Strategy raised $80.6 million from MSTR share sales and $19.4 million from STRF share sales. This mix of equity liquidity and direct allocation demonstrates a consistent capital-raising approach tied to its Bitcoin accumulation plan.

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Strategy’s ongoing purchases reflect a long-term allocation strategy rather than short-term trading. Michael Saylor, co-founder of Strategy, reiterated the company’s commitment to accumulation in a recent post on X, signaling intent to hold rather than sell. The pattern of weekly buys underlines conviction in Bitcoin’s long-term value.

Strategy holds 639,835 BTC acquired for a cumulative $47.33 billion, with an average purchase price of $73,971 per Bitcoin. These figures reflect the company’s multi-year accumulation and disclosed buy history.

Strategy has not signaled any intention to sell Bitcoin holdings. Public comments from leadership indicate continued accumulation and long-term holding, using equity sales to fund new purchases instead of liquidating BTC positions.

Strategy’s stock, MSTR, recently traded near $336, a decline of roughly 2% from the prior week’s close and marking a narrow trading range over the past month. Bitcoin’s price fell about 2% in the last 24 hours and is trading just under $113,000. Despite this pressure, Strategy executed its 850 BTC purchase amid ongoing market volatility.


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Source: https://en.coinotag.com/microstrategy-may-continue-bitcoin-accumulation-buys-850-btc-for-99-7m-funded-by-mstr-and-strf-sales/