With 3,081 New Bitcoins Acquired, Saylor’s Stack Nears 632.5K Mark

MicroStrategy Buys Another 3,081 BTC, Bringing Total Holdings to Over 632K

MicroStrategy (MSTR) has added 3,081 bitcoin to its already massive treasury, purchasing the latest batch for $356.9 million at an average price of $115,829 per coin.

With this latest acquisition, the company now holds 632,457 BTC, accumulated at a total cost of approximately $46.5 billion — averaging out to $73,527 per bitcoin. As of Monday morning, with BTC trading around $111,000, the firm’s holdings are valued near $70.2 billion.

The majority of last week’s purchase was funded through a $300.9 million common stock sale. The remaining amount came from smaller sales of three preferred stock issues.

This buying spree comes amid market turbulence and criticism from some corners of the investor community. MicroStrategy and Executive Chairman Michael Saylor recently revised a prior commitment to avoid equity sales below a 2.5x multiple of market-adjusted NAV (mNAV) — a move that has drawn scrutiny, especially with MSTR trading well below a 2x multiple in recent weeks.

The company’s shares were down over 4% in pre-market trading on Monday, mirroring bitcoin’s slide.