Between April 28 and May 4, the firm behind the well-known Bitcoin accumulation strategy added another 1,895 BTC to its reserves, spending around $180.3 million in the process.
This recent move pushes the average cost of the new holdings of Strategy to about $95,167 per coin.
With this addition, the firm further strengthens its position as the largest corporate holder of Bitcoin, reaffirming its conviction in using the cryptocurrency as a core asset in its treasury.
The acquisition took place while Bitcoin prices hovered between $90,000 and $95,000, amid broader uncertainty in the global economy and ongoing debates around future actions from the Federal Reserve.
Even with market fluctuations, the company has stuck to its disciplined approach of buying regularly over time—a strategy it’s followed since 2020 under the guidance of CEO Michael Saylor.
Many view these steady purchases as a reflection of how institutions are approaching Bitcoin, with this latest buy signaling continued confidence in the asset’s long-term trajectory.
Michael Saylor has hinted that MicroStrategy is about to top up its already-massive Bitcoin reserve, even as the Israel-Iran flare-up keeps global markets on edge.
Bitcoin is facing strong headwinds just shy of its all-time high, with analysts at Swissblock warning that a breakout may be off the table—at least for now.
As concerns grow over government debt and global instability, Bitcoin is increasingly seen as a serious alternative to both gold and U.S. Treasuries.
Anthony Pompliano, a prominent Bitcoin advocate and co-founder of Morgan Creek Digital, is reportedly preparing to launch a new BTC-focused investment firm dubbed ProCapBTC.