Need help? Support
BITCOIN
Tether Dominance USDT.D

How many BTC did MSTR buy?

Published 418 words 2 min read

TLDR

MicroStrategy (MSTR) recently bought 10,624 BTC. See the number in the coverage of its latest purchase here.

  1. The tranche cost about $962.7 million at an average of $90,615%%CKPROTECTED4%% per BTC, per a news summary of the filing here.
  2. After this buy, total holdings stand at about 660,624 BTC, according to a market recap here.
  3. The purchase was funded mainly through at?the?market equity sales, per the filing summary here.

Deep Dive

1. Purchase Size

The latest disclosed addition was 10,624 BTC, aligning with the companys pattern of periodic large tranches. Multiple reports confirm the figure, including a concise wrap that MSTR bought nearly $1B in Bitcoin tied to this exact amount in the article above. Another recap notes this was one of its largest weekly buys in recent months, as covered in the market report linked above.

What this means

The company continues to scale its BTC treasury through episodic bulk adds, which can matter for market sentiment even when spot price reactions are muted.

2. Cost and Average Price

The batch totaled roughly $962.7 million at an average of $90,615%%CKPROTECTED3%% per BTC, which matches the filing-based summaries referenced above. These specifics help benchmark execution quality relative to prevailing prices during the disclosed window.

A common question is why such a large buy does not move the price immediately. Large corporate accumulations are often routed via over?the?counter (OTC) desks and algorithmic execution across days, which reduces visible impact on exchange order books. That dynamic was explained in a follow?on market piece discussing the muted price reaction to MSTRs buy here.

What this means

Even billion?dollar purchases can register quietly when executed OTC or spread out, so price impact may show up later or not at all.

3. Funding and Implications

The buy was primarily funded through at?the?market equity issuance, with a smaller slice from preferred stock, per the filing summary above. This approach preserves balance?sheet flexibility but can dilute existing shareholders if repeated at scale.

Holdings after the purchase are about 660,624 BTC, as noted in the market recap above, underscoring MSTRs role as the largest public corporate holder of BTC.

What this means

For BTC holders, MSTR remains a steady demand source; for MSTR shareholders, watch the balance between BTC accumulation benefits and dilution from funding.

Conclusion

MicroStrategy (MSTR) added 10,624 BTC, spending about $962.7 million at an average of $90,615%%CKPROTECTED5%% per coin. The move lifts its stack to roughly 660,624 BTC, funded mainly by equity issuance. The scale reinforces MSTRs treasury strategy, while execution methods like OTC buying help explain the limited immediate effect on spot prices.

Educational information only. Crypto markets are volatile and this is not financial advice.


Top