
MicroStrategy (MSTR) has recently made a strategic move to enhance its extensive Bitcoin (BTC) portfolio by acquiring an additional 130 BTC at an estimated cost of approximately $10.7 million, which translates to an average price of $82,981 per coin. As of March 16, these transactions have brought the company’s total Bitcoin holdings to 499,226 BTC, amassed for around $33.1 billion, averaging $66,360 per token.
Purchase Summary:
- New Acquisition: 130 BTC at ~$10.7 million
- Total BTC Holdings: 499,226 BTC
- Total Investment: ~$33.1 billion
Additionally, the funds for this latest purchase were sourced from the sale of preferred shares (STRK), with 123,000 shares sold to yield about $10.7 million. The company previously announced a sizable $21 billion offering of STRK preferred stock to further bolster its investment strategy.
This acquisition is part of MicroStrategy’s ongoing commitment to Bitcoin as an asset class and reflects a year-to-date BTC yield of 6.9%.