Key Points
- MicroStrategy has invested an additional $1.1 billion in Bitcoin, buying 10,107 BTC.
- This brings MicroStrategy’s total Bitcoin holdings to 471,107 BTC, valued at roughly $30.4 billion.
MicroStrategy’s Major Bitcoin Investment
MicroStrategy’s executive chairman, Michael Saylor, continues to show faith in Bitcoin. The company has just announced a significant purchase of 10,107 BTC, with an investment value of $1.1 billion. This news comes as the Bitcoin price has dipped below $100K, following a surge in demand from Chinese crypto startup AI.
Earlier today, Saylor announced the company’s latest Bitcoin acquisition of 10,107 BTC for approximately $1.1 billion. However, the SEC filing indicates that the acquisition was made at a price of $105,596 per Bitcoin.
MicroStrategy’s Total Bitcoin Holdings
With the current acquisition, MicroStrategy has increased its total Bitcoin holdings to 471,107 BTC, acquired over the last four years, with a total investment value of about $30.4 billion. The company’s current average purchase price of this massive BTC stockpile is $64,511 per Bitcoin.
According to data from the Saylor Tracker, the firm is currently sitting on 55% profits, or a $16.4 billion profit, from its purchase price. Saylor also reported that the firm has achieved a year-to-date BTC yield of 2.90%.
This announcement confirms MicroStrategy’s commitment to its Bitcoin acquisition strategy, positioning the company as one of the largest institutional holders of the leading cryptocurrency.
MicroStrategy Stock Price Drops
In the pre-market trading hours on Monday, the MicroStrategy stock price fell by 5.5%, dropping to $334 levels. This is amid a broader Wall Street selloff due to fears of DeepSeek disruption, which is dragging crypto stocks down.
Over the past three months, the MSTR stock hasn’t provided any returns to investors. However, it is still trading at 109% gains on the six-month chart. Also, its one-year gains are a staggering 600%. The MicroStrategy share price has been largely fluctuating in the $300-$400 range.
Regarding today’s Bitcoin price crash, Saylor stated: “Volatility is a gift to the faithful”. Over the years, Saylor’s belief in Bitcoin has only grown stronger as he has been raising cash through debt and equity issuance.
Is This a Buy the Dips Bitcoin Correction?
As the Bitcoin price is down 5.46%, dropping under $100K levels, investors are wondering whether to buy the dips or wait and watch. Former BitMEX CEO and veteran investor Arthur Hayes predicted a “mini financial crisis” expecting BTC to drop to $70K, before initiating a mega rally to $250K.
Crypto analyst Mister Crypto shared insights on the current state of the Bitcoin market, stating that downside liquidity has been fully absorbed. “All of the Bitcoin downside liquidity is being taken out. Liquidity completely flushed out of the market,” Mister Crypto noted, suggesting that the market is ready for an upward trajectory.
