TLDR
MicroStrategy added 8,178 BTC last week.
- Size and price: 8,178 BTC for $835.6 million at an average of about $102,171 per coin, per a regulatory filing reported by the press 8,178 BTC for $835.6 million.
- Total stack now: 649,870 BTC, retaining the largest corporate treasury position 649,870 BTC total.
Deep Dive
1. Latest Purchase
The latest disclosed buy was 8,178 BTC during the week of 1016 Nov, totaling about $835.6 million, at roughly $102,171 per BTC. This was the companys largest weekly purchase since mid year per coverage of its SEC filing 8,178 BTC at ~$102,171.
2. Funding Source
Reports indicate the tranche was financed primarily via preferred share issuance rather than common stock, aligning with the firms multi?pronged capital strategy to keep accumulating BTC through equity instruments preferred share issuance.
Funding with preferreds helps MicroStrategy continue adding BTC even when common stock issuance is less attractive, sustaining a structural buy the asset posture.
3. Why It Matters
After this buy, holdings stand at 649,870 BTC, which media note is a bit over 3% of Bitcoins capped 21 million supply, reinforcing MicroStrategys role as the largest public corporate holder 649,870 BTC and ~3% of supply.
Their continued accumulation can signal institutional conviction and may influence sentiment during volatile periods, though it does not guarantee price outcomes.
Conclusion
MicroStrategys most recent addition was 8,178 BTC for about $835.6 million, lifting its total to 649,870 BTC as it continues using preferred equity to fund purchases. The move underscores a steady, structural accumulation strategy and reinforces its position as the largest corporate BTC holder.
CoinsKid.Com