Sunday, September 14, 2025

MicroStrategy Purchases 1,434 Bitcoin For $82.4 Million

MicroStrategy Inc (NASDAQ: MSTR) appears to be buying the dip in bitcoin. The firm this morning filed a report with the Securities and Exchange Commission, wherein it revealed it had acquired further bitcoin since its last announcement on November 29.

The firm this morning revealed that between November 29 and December 8, the company had acquired a further 1,434 bitcoin, via cash, at an average price of $57,477 per bitcoin – signaling that the majority of those purchases likely occurred on the front end of that timeline, given that the price of the crpyto hasn’t been near that level since December 3.

The purchase came at a total cost of $82.4 million, with the company paying for the purchases via the sale of its shares directly on the Nasdaq under an at the market financing. A total of 119,828 shares of the company were sold at an average price of $693.10 over the same timeframe, generating net proceeds of $82.4 million.

Following the transactions, the firm now holds a total of 122,478 bitcoins at an average price of $29,861.

MicroStrategy last traded at $636.54 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

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

MicroStrategy Acquires 6,556 Bitcoin For $555.8 Million

MicroStrategy (NASDAQ: MSTR) has once again purchased more bitcoin following the sale of its shares...

Monday, April 21, 2025, 08:44:44 AM

MicroStrategy Obtains $205 Million Loan Collateralized With $820 Million In Bitcoin

MicroStrategy Inc (NASDAQ: MSTR) evidently is looking for ways to acquire additional bitcoin. The firm...

Tuesday, March 29, 2022, 09:05:47 AM

MicroStrategy Adds 2,500 Net Bitcoin To Its Portfolio – But Not Without Selling Some First

It may have taken awhile amid the downturn in current crypto markets, but MicroStrategy (NASDAQ:...

Wednesday, December 28, 2022, 09:22:02 AM

MicroStrategy Unveils $42 Billion Plan to Expand Bitcoin Holdings

MicroStrategy (Nasdaq: MSTR), the world’s largest corporate bitcoin holder, has announced an ambitious three-year plan...

Thursday, October 31, 2024, 10:32:00 AM

MicroStrategy Announces New $2 Billion At The Market Financing Amid Massive Q2 Loss

MicroStrategy Inc. (NASDAQ: MSTR), known for its significant investments in Bitcoin, reported notable developments in...

Friday, August 2, 2024, 07:45:33 AM