MicroStrategy has again expanded its Bitcoin holdings, acquiring 2,932 BTC for approximately $264.1 million. The purchase brings the company’s total stash to 712,647 BTC, representing over 3% of Bitcoin’s total supply. MicroStrategy now holds more than half of all Bitcoin controlled by public companies.
MicroStrategy continued its aggressive accumulation of Bitcoin last week, adding 2,932 BTC to its corporate treasury. According to a filing with the U.S. Securities and Exchange Commission, the firm paid an average of roughly $90,061 per coin.
This latest acquisition increased its total holdings to 712,647 BTC. The company’s cumulative outlay for its Bitcoin, including fees, now stands at about $54.2 billion.
At current market prices, the holdings are valued near $62.5 billion, indicating sizable unrealized gains. The company funded the purchase through at-the-market sales of its stock and perpetual preferred shares.
MicroStrategy executive chairman Michael Saylor teased the move on social media before its official confirmation. The purchase followed a disclosure from the previous week in which the company bought 22,305 BTC for roughly $2.1 billion.
With more than 712,000 BTC, MicroStrategy holds the largest stash among publicly listed companies. Data shows the firm alone accounts for well over half of all Bitcoin held by public firms, which collectively control just over 1.13 million BTC.
