MicroStrategy Buys the Dip Again: Why 4,871 BTC Purchase Speaks Loudest Yet

MicroStrategy has once again purchased Bitcoin, acquiring 4,871 BTC for approximately $329.9 million at an average price of $67,718. This purchase is significant because it occurs while most other corporate Bitcoin holders have gone silent, with MicroStrategy being an aggressive buyer below its own cost basis. The company's total holdings now stand at 766,970 BTC, acquired for an average of $75,644 per coin. In the past 30 days, MicroStrategy acquired roughly 45,000 BTC, while all other publicly traded treasury companies combined added only 1,000 BTC. This concentration of holdings means MicroStrategy now possesses approximately 76% of all Bitcoin held on publicly traded corporate balance sheets. The current purchase price is nearly $8,000 below MicroStrategy's average cost basis, indicating a strategic move to improve its overall position. The article also notes that Strive Inc., a Bitcoin treasury firm founded by Vivek Ramaswamy, has followed a similar playbook, acquiring 113 BTC at an average cost of $68,577, demonstrating a continued trend of adding Bitcoin even as broader corporate interest wanes.

(Source：BeInCrypto)