MicroStrategy buys additional 18,300 bitcoin for $1.1 billion, taking holdings to 244,800 BTC
Quick Take
- MicroStrategy has purchased another 18,300 BTC for approximately $1.11 billion at an average price of $60,408 per bitcoin.
- The latest acquisition follows the sale of the equivalent value of MicroStrategy’s shares and takes the firm’s total holdings to 244,800 BTC.
Business intelligence firm and corporate bitcoin holder MicroStrategy acquired an additional 18,300 BTC for approximately $1.11 billion at an average price of $60,408 per bitcoin between Aug. 6 and Sept. 12, according to an SEC filing on Friday.
The company now holds 244,800 BTC, worth roughly $14 billion. MicroStrategy’s total holdings were bought at an average price of $38,585 per bitcoin, a total cost of around $9.45 billion, including fees and expenses, according to the company's founder and executive chairman, Michael Saylor.
The latest acquisitions were made using proceeds from the issuance and sale of the firm’s shares following an agreement in August to offer up to $2 billion of its stock via sales agents. The company confirmed it had sold an aggregate of 8,048,449 shares under the agreement as of Sept. 12, corresponding to the equivalent value of $1.11 billion.
MicroStrategy’s latest bitcoin purchase follows its acquisition of 12,222 BTC for $805 million in August when it also introduced a new key performance indicator for its bitcoin strategy.
MicroStrategy’s share price remained flat in pre-market trading on Friday morning, up 0.1% at $130.88, according to TradingView. The stock is down 1% over the past month but has gained 89% year-to-date and 277% over the past year.
MSTR/USD price chart. Image: TradingView.
Bitcoin is currently trading for $57,800, according to The Block's bitcoin price page, down 0.4% over the past 24 hours.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
