MicroStrategy invests $243 million in Bitcoin amid market dip
Microstrategy invests $243 million in Bitcoin
MicroStrategy, led by executive chairman Michael Saylor, has announced the acquisition of an additional 2,530 Bitcoin (BTC) worth $243 million, solidifying its position as the largest corporate holder of the cryptocurrency.
This latest purchase brings the company's total Bitcoin holdings to 450,000 BTC, acquired at an aggregate cost of $28.2 billion and an average price of $62,691 per Bitcoin, according to Coingape.
The acquisition was funded through proceeds from share sales under an existing agreement, according to a filing with the U.S. Securities and Exchange Commission. Despite the significant investment, the announcement coincided with a 4% drop in MicroStrategy’s stock (MSTR), which fell to $313.40 in pre-market trading.
The decline follows a broader downturn in Bitcoin prices, with the cryptocurrency dropping over 3% in 24 hours to trade below $91,000.
A Strategic Bet Amid Uncertainty
MicroStrategy’s Bitcoin holdings yielded 74.3% during the 2024 financial year and 0.32% year-to-date in 2025, showcasing the company's long-term confidence in the asset despite market volatility. Saylor previously revealed plans to raise up to $2 billion through public stock offerings to fund additional Bitcoin acquisitions, underscoring his bullish outlook.
The crypto market has been shaken by stronger-than-expected U.S. jobs data, signaling economic resilience and stoking concerns about inflationary pressures under the incoming administration. These developments have tempered optimism for immediate Federal Reserve rate cuts, contributing to investor caution.
As MicroStrategy doubles down on Bitcoin as its primary treasury asset, analysts and traders remain divided on the long-term viability of this strategy, particularly as market volatility continues to weigh on both Bitcoin prices and MSTR stock performance.
Recently, MicroStrategy (MSTR) has entered the top 100 publicly traded U.S. companies, ranking 97th overall. This milestone follows a 12% surge in its stock price to $430 per share, driven by Bitcoin's all-time high.
