Tuesday, August 5, 2025

Latest

MicroStrategy Drops $190.5 Million Acquiring 4,167 Bitcoin

MicroStrategy Inc (NASDAQ: MSTR) continues to buy up bitcoin, and it appears that their rate of purchasing may be increasing yet again. The firm this morning put out its latest update on purchases of the crypto, marking the first update on the topic since February 1, when it announced the purchase of $25.0 million worth of crypto.

The latest round of purchase data is for purchases conducted between February 15 and April 4, 2022. The company reportedly spent $190.5 million acquiring a further 4,167 bitcoin via its MacroStrategy LLC subsidiary. The bitcoin was purchased at an average price of $45,714 per each.

With the latest purchase, the company now has total holdings of 129,218 bitcoin, which has a value of $3.97 billion. The average purchase price meanwhile has climbed from $30,200 per coin to $30,700 per coin since the last update.

The purchase notably follows MacroStrategy last week obtaining a $205 million loan for the purpose of acquiring additional bitcoin. The loan, which was collateralized via $820.0 million in bitcoin, saw gross proceeds of $204.7 million – meaning either the company didn’t actually conduct any purchases until the closing of that financing last week, or it has significant further capital to plow into acquiring more bitcoin.

Microstrategy last traded at $501.26 on the Nasdaq.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

The MicroStrategy Bitcoin Bet

Last week, Virginia-based MicroStrategy Inc. (NASDAQ:MSTR), a maker of business analytics software for enterprises, reported...

Wednesday, February 9, 2022, 03:13:00 PM

MicroStrategy Brings Total Bitcoin Holdings To 130,000 With Latest Purchase

In a sign of the current state of the crypto markets as a whole, MicroStrategy...

Tuesday, September 20, 2022, 09:08:26 AM

MicroStrategy: Canaccord Initiates With $920 Price Target

On Friday, Canaccord Genuity initiated coverage on MicroStrategy (NASDAQ: MSTR) with a $920 price target...

Monday, April 12, 2021, 04:03:00 PM

MicroStrategy Ends Q1 With Net Income For The First Time In Two Years, Thanks To Bitcoin

MicroStrategy (NASDAQ: MSTR), the largest public, non-crypto holder of Bitcoin, reported its first profit in...

Tuesday, May 2, 2023, 10:20:57 AM

MicroStrategy: Canaccord Lowers Price Target To $780

MicroStrategy (NASDAQ: MSTR) reported its second quarter financial results on July 29. The company reported...

Tuesday, August 3, 2021, 11:35:00 AM