MicroStrategy recently acquired 130 BTC for $11.7 million, bringing its total holdings to 650,000 BTC at an average price of $74,436. The firm also established a $1.44 billion USD reserve to support dividend payments on preferred stock, signaling a balanced approach to treasury management amid market volatility.
MicroStrategy’s BTC purchase: Acquired 130 BTC using MSTR common stock at $89,960 average price.
The move expands holdings to 650,000 BTC, maintaining a strategic focus on cryptocurrency accumulation.
USD reserve of $1.44B covers at least 12 months of dividends, with plans to extend to 24 months based on SEC filings.
Discover MicroStrategy’s latest BTC purchase of 130 coins and $1.44B USD reserve formation. Learn how this impacts holdings and dividend strategy in 2025 crypto markets. Stay informed on key updates.
What is MicroStrategy’s Latest BTC Purchase Strategy?
MicroStrategy’s latest BTC purchase involved acquiring 130 BTC valued at $11.7 million, executed through its MSTR common stock. This addition increases the company’s total Bitcoin treasury to 650,000 BTC, with the overall average acquisition price now at $74,436. The purchase reflects MicroStrategy’s ongoing commitment to bolstering its cryptocurrency assets despite recent market dips.
Strategy used MSTR common stock to buy a small amount of BTC, while also building a USD reserve to serve its dividend obligations. | Source: Strategy SEC filingsFollowing a week without additional Bitcoin buys, which had sparked concerns over the sustainability of its acquisition playbook, MicroStrategy resumed modest accumulation. During that period, MSTR stock reached a local low of $166, and the firm’s mNav metric stood at 0.9%, indicating limited immediate upside for further stock-fueled purchases. Bitcoin’s price retreated to $85,766, down 17.56% for November, while MSTR shares fell 33% over the same month. Despite these pressures, MicroStrategy raised cash but opted not to deploy it aggressively into Bitcoin amid the weakening trend.
How Does the New USD Reserve Support MicroStrategy’s Financial Obligations?
MicroStrategy’s establishment of a $1.44 billion USD reserve addresses key concerns about fulfilling dividend obligations to preferred shareholders. This reserve, funded through an at-the-market placement of common stock, aims to cover at least 12 months of dividend payments, with intentions to build it toward 24 months. According to the company’s recent SEC filing, the reserve’s maintenance will depend on market conditions, liquidity requirements, and other factors, giving MicroStrategy flexibility in its fiscal planning.
The decision comes at a time when the firm’s traditional goal of converting fiat to Bitcoin appeared challenged by dilution from ongoing stock issuances. Without a robust Bitcoin bull market, these issuances have accelerated the erosion of common stock value. However, the USD reserve enhances investor confidence, potentially easing access to capital via preferred shares for yield-seeking investors. Michael Saylor, MicroStrategy’s executive chairman, highlighted this development, stating in a public announcement: “$MSTR announces the formation of a $1.44 billion USD Reserve and an increase in its BTC Reserve to 650,000 $BTC.”
Trading at $174.75 recently, MSTR stock continues to face downward pressure, underscoring the reserve’s role in providing a buffer. This strategic pivot buys time for MicroStrategy to await favorable Bitcoin market conditions while honoring commitments. SEC filings emphasize that the reserve does not alter the company’s long-term Bitcoin-focused vision but ensures operational stability in the interim.
Analysts from financial institutions like Bloomberg and Reuters have noted that such reserves are common among corporate treasury managers navigating volatile assets. For instance, a report from Bloomberg Intelligence in late 2025 highlighted how diversified reserves mitigate risks in cryptocurrency-heavy portfolios, aligning with MicroStrategy’s approach. This move demonstrates the firm’s expertise in balancing aggressive Bitcoin accumulation with prudent cash management, a hallmark of its leadership in corporate crypto adoption since 2020.
Frequently Asked Questions
What prompted MicroStrategy to buy only 130 BTC this time?
MicroStrategy’s purchase of 130 BTC at $89,960 per coin was a measured step after a week of no acquisitions, amid concerns over playbook sustainability. The firm used MSTR stock proceeds but prioritized building a USD reserve for dividends, reflecting caution in a declining Bitcoin market valued at $85,766.
How will the USD reserve affect MicroStrategy’s Bitcoin strategy?
The $1.44 billion USD reserve primarily secures dividend payments for preferred shareholders, covering 12 to 24 months of obligations. It provides a safety net during market downturns, allowing MicroStrategy to maintain its Bitcoin accumulation goals without immediate pressure from fiat needs, as outlined in SEC documents.
Key Takeaways
- Modest BTC Addition: MicroStrategy added 130 BTC to reach 650,000 total, acquired via stock at a $74,436 average, prioritizing sustainability over aggressive buys.
- USD Reserve Formation: A $1.44B fund supports dividends, enhancing trust in preferred shares and offering flexibility amid MSTR dilution and Bitcoin’s 17.56% November drop.
- Strategic Patience: The approach allows waiting for Bitcoin recovery, with mNav at 0.9% signaling no rush, while honoring financial commitments to shareholders.
Conclusion
MicroStrategy’s latest BTC purchase of 130 coins, coupled with the formation of a $1.44 billion USD reserve, underscores a refined treasury strategy blending cryptocurrency growth with financial prudence. By addressing dividend obligations through this reserve, the company navigates market volatility effectively, as evidenced in its SEC filings. As Bitcoin markets evolve in 2025, investors should monitor how this balanced approach influences MSTR’s valuation and broader corporate adoption trends—consider tracking ongoing updates for informed decision-making.