MicroStrategy Inc. has made a substantial investment in the cryptocurrency market, purchasing an additional 13,627 Bitcoins for an estimated $1.25 billion. This acquisition, at an average price of $91,519 per Bitcoin, significantly increases the company's total cryptocurrency reserves. This strategic move, the largest since July 2025, underscores MicroStrategy's continued commitment to its Bitcoin-centric treasury strategy, despite the concurrent challenges faced by its stock.
This latest purchase was financed through the sale of 1.2 million STRC preferred shares, generating $119.1 million, and 6.8 million MSTR common shares, raising $1.13 billion. With these new holdings, MicroStrategy now possesses a total of 687,410 Bitcoins, acquired at an average cost of $75,353 per coin, amounting to an impressive $51.80 billion investment. Executive Chairman Michael Saylor subtly announced the acquisition via social media, highlighting the company's growing Bitcoin portfolio, which is nearing the 700,000 BTC mark.
The company's stock, MSTR, is currently navigating a precarious position, hovering around the crucial $150 support level. Following a steep 67% reduction from its July high, the stock is trading below all key moving averages, including the 20-day, 50-day, 100-day, and 200-day Exponential Moving Averages. Technical analysis indicates a bearish trend, with the Supertrend indicator confirming this sentiment. The $150 threshold is a pivotal point; a breach could lead to further declines towards $140-145, or even as low as $100. Conversely, a rebound would necessitate reclaiming higher resistance levels, beginning with the 20-day EMA at $164, to signal any meaningful recovery.
MicroStrategy's unwavering belief in Bitcoin's long-term value, as demonstrated by its aggressive acquisition strategy, sets an intriguing precedent for corporate treasury management. While its stock faces immediate pressures, the company's bold investment reflects a vision that transcends short-term market fluctuations. This approach embodies a forward-thinking perspective, suggesting that strategic, long-term investments can ultimately yield substantial returns, even when confronted with present market volatility.