MicroStrategy, under the strategic direction of Michael Saylor, continues to distinguish itself in corporate treasury management through its consistent and aggressive Bitcoin acquisition strategy. The company recently confirmed another significant purchase, further solidifying its unparalleled position as the largest corporate holder of the leading digital asset.
- MicroStrategy acquired 6,220 BTC for approximately $739.8 million, as disclosed in a July 21 SEC filing.
- This latest purchase elevates MicroStrategy’s total Bitcoin holdings to 607,770 BTC.
- Acquisitions are predominantly funded by the sale of MicroStrategy’s Class A common stock (MSTR).
- The average cost basis for MicroStrategy’s extensive Bitcoin portfolio now exceeds $71,000 per BTC.
- The company’s Bitcoin portfolio has recorded a year-to-date return of 20.8%.
- MicroStrategy’s Bitcoin holdings are reportedly valued at approximately $79 billion.
A filing with the U.S. Securities and Exchange Commission (SEC) on July 21 disclosed the acquisition of 6,220 BTC for approximately $739.8 million. This latest transaction elevates MicroStrategy’s total Bitcoin holdings to 607,770 BTC, reinforcing its status as the world’s largest publicly traded corporate holder of the digital asset.
Funding and Portfolio Dynamics
These large-scale acquisitions are predominantly financed through the sale of the company’s Class A common stock (MSTR). The recent purchase, for instance, was largely funded by gross proceeds of $736.4 million from the sale of 1.6 million MSTR shares. MicroStrategy’s average cost basis for its extensive Bitcoin portfolio now exceeds $71,000 per BTC.
This consistent accumulation has been a hallmark of MicroStrategy’s strategy over the past year. Just a week prior to the July 21 filing, the company acquired an additional 4,225 BTC, surpassing the 600,000 token threshold. Michael Saylor continues to articulate a strong conviction in Bitcoin, leveraging the corporate balance sheet to implement a unique, highly concentrated investment strategy in the asset.
The company’s Bitcoin portfolio has recorded a year-to-date return of 20.8%, aligning with broader market trends in the digital asset sector. With 607,770 BTC on its balance sheet, MicroStrategy’s Bitcoin holdings are valued, as reported, at approximately $79 billion. This substantial allocation far exceeds the combined digital asset reserves of most traditional institutional investors, positioning the company as a singular entity in the corporate adoption of Bitcoin. Market observers remain keenly focused on Saylor’s ongoing strategy as the digital asset space continues its rapid evolution.
Senior Crypto Correspondent with over 8 years of experience covering Bitcoin, altcoins, and blockchain technology for leading financial publications. Alexander holds a master’s degree in Financial Economics and specializes in in-depth market analysis, regulatory updates, and interviews with top industry figures.