The Latest Acquisition by MicroStrategy
MicroStrategy, the largest public holder of Bitcoin worldwide, raised its tally of Bitcoin (BTC) holdings last week. The increment occurred as Bitcoin’s price experienced a tumble down to an alarming low of $112,000.
Reportedly, MicroStrategy, led by Michael Saylor, procured an additional 3,081 Bitcoin. This acquisition cost the company a whopping $356.9 million and took place over the concluding week that ran till the past Sunday.
Details of The Acquisition
Insights on the procurements were revealed in a filing made to the US Securities and Exchange Commission this Monday. MicroStrategy, a prominent business intelligence software firm, carried out the said acquisition at an average price point of $115,829 per Bitcoin. The buy was timed aptly as Bitcoin began the week at roughly around $116,700 but slipped to $112,000 on Thursday.
With this recent purchase, the total Bitcoin holdings for MicroStrategy have soared to a staggering 632,457 BTC. These bitcoins were obtained at an estimated expenditure of about $46.5 billion. The acquisition was done at an average expense of about $73,527 for each Bitcoin.
MicroStrategy’s Bitcoin Buying Pace
The pace at which MicroStrategy has been purchasing Bitcoin seems to have slightly slowed in the past three weeks. During this period, the company made two modest purchases. These include a 430 BTC buy, announced the previous Monday, and a 155 BTC buy before that.
This current purchase took this month’s acquisition statistics to a total of 3,666 BTC. This figure reveals a significant decline compared to the 31,466 BTC bought in the past month of July. Furthermore, in June, they made the purchase of 17,075 BTC.
Given this slow pace of acquisition, speculation is ripe on whether MicroStrategy would commit to a large purchase in the remaining week of August, or decide against it.
MicroStrategy’s Buying Strategy
Historically, MicroStrategy and its leader, Michael Saylor, have abstained from procuring Bitcoin during its price dips. Saylor himself openly admitted to his preference for acquiring Bitcoin at its higher prices, even at the risk of potentially topping the market.
By his own admission, Saylor has stated that he plans to ‘buy the top forever,’ citing Bitcoin as their exit strategy. He stands by his strategy and continues to make purchases, regardless of the escalating prices. This sentiment was made clear during an interview back in 2024.
MicroStrategy’s Bitcoin Yields and Goals
Despite the relatively slow procurement of Bitcoin recently, the BTC yield of MicroStrategy, an important key performance indicator, has been seeing a gradual increase. Essentially, this KPI represents the percentage change pertaining to the ratio between the BTC holdings and the assumed diluted shares outstanding, of the company.
In July of 2025, the BTC yield of MicroStrategy reached its target for the first time, which stood at 25% year-to-date. Since then, there’s been a steady increase with the yield standing at 25.4% as of this past Monday. Moreover, the company also increased the yield target from 25% to 30% in late July. This change came along with a revision in the BTC gain target, which soared from $15 billion to a massive $20 billion.
Closing Thoughts
MicroStrategy originally targeted a 15% YTD yield. However, they decided to raise this to 25% in May due to their soaring performance. Back in 2024, the Bitcoin yield of MicroStrategy stood at 74.3%. During the same period, the reported BTC gain was 140,538 Bitcoin. As of Monday, the YTD gain for MicroStrategy in terms of Bitcoin stands at 113,524 BTC.
By looking at these numbers, it’s clear that MicroStrategy is heavily invested in Bitcoin and is playing a crucial role in the market. It will be interesting to see the future strategies of this company in terms of Bitcoin acquisition and how it impacts the cryptocurrency market.
