MicroStrategy Buys 17,994 BTC, Now Holds 3.4% of Bitcoin Supply
MicroStrategy (MSTR) added 17,994 bitcoin between March 2 and March 8 for approximately $1.28 billion, a move that lifts the company’s stake to about 3.4% of Bitcoin’s circulating supply. The purchase comes as MSTR shares closed Monday at $133.53, down 4.49%, before a modest pre-market uptick to $133.85. The scale of the buy continues the firm’s long-running strategy of using corporate treasury to accumulate BTC.
The latest accumulation tightens available market supply and reinforces MicroStrategy’s role as a major corporate holder, a dynamic that can magnify price action in periods of low liquidity. Investors and market makers will be watching SEC filings, earnings commentary and on-chain flows for signs of additional buys or financing plans. For crypto participants, the development underscores how public-company balance-sheet decisions are increasingly intertwined with bitcoin market structure and sentiment.