MicroStrategy purchased 4,871 Bitcoin for about $329.9 million at an average price of $67,718, increasing its BTC exposure while most corporate buyers remain inactive. The move is seen as a strong signal of continued institutional conviction in Bitcoin.
MicroStrategy, the largest publicly listed corporate holder of Bitcoin, appears ready to resume BTC purchases this week after a brief pause; CEO Michael Saylor signaled the move by reviving his ‘orange dot’. The restart breaks a short hiatus in what had been one of the longest-running corporate buying programs.
MicroStrategy shares fell for a second straight session, closing the week at $120—far below the $542 all‑time high. The pullback could deepen even as CEO Michael Saylor signals a possible resumption of Bitcoin accumulation.
MicroStrategy acquired 22,337 BTC at an average price of $70,194 per coin — roughly $1.57 billion — and MSTR shares rose 4% in premarket trading as Bitcoin rallied.
Michael Saylor said large corporate Bitcoin purchases don’t necessarily produce immediate price spikes, while his firm continues to add to its BTC position as part of a long-term accumulation strategy.
MicroStrategy completed its 101st Bitcoin acquisition, highlighting a broader trend of companies treating BTC as a deliberate treasury reserve rather than a speculative trade. Growing corporate demand could quietly reshape supply dynamics and investor expectations for Bitcoin.
MicroStrategy purchased 17,994 BTC for about $1.28 billion between March 2–8, bringing its holdings to roughly 3.4% of circulating Bitcoin; MSTR closed Monday at $133.53 (down 4.49%) and was $133.85 in pre-market trading.
Michael Saylor is pursuing a plan to double MicroStrategy’s Bitcoin holdings to roughly 1.5 million BTC using equity financing and structured debt instruments, signaling renewed aggressive institutional accumulation.
Venture capitalist Chamath Palihapitiya said he doubts bitcoin can serve as a central bank reserve, citing privacy and fungibility problems that complicate sovereign use. His comments intensify scrutiny of corporate strategies like MicroStrategy’s large BTC holdings.
MicroStrategy bought about $40 million of bitcoin on Feb. 23, yet its share price began declining again, stalling the recent rally. Investors are renewing concerns about MSTR’s high correlation with Bitcoin and the effectiveness of accumulation as a defense against sell-offs.