MicroStrategy Acquires 2,932 Bitcoin for $264.1 Million

MicroStrategy, the business intelligence firm led by executive chairman Michael Saylor, acquired 2,932 bitcoin last week for approximately $264.1 million, according to a filing with the U.S. Securities and Exchange Commission. The purchase, made at an average price of $90,061 per bitcoin between January 20 and January 25, 2026, increased the company's total holdings to 712,647 bitcoin, representing about 3.4 percent of the cryptocurrency's fixed supply of 21 million coins.

The acquisition aligns with MicroStrategy's long-standing strategy of accumulating bitcoin as a primary treasury reserve asset, a approach it pioneered among publicly traded companies since beginning purchases in August 2020. The firm has amassed its holdings for roughly $54.2 billion at an average cost of $76,037 per bitcoin. At current market prices around $88,000 per bitcoin, the stash is valued at approximately $62.7 billion, reflecting substantial unrealized gains despite recent volatility.

To fund the latest buy, MicroStrategy raised capital through at-the-market offerings, selling about 1.57 million shares of its Class A common stock for $257 million and 70,201 shares of variable rate preferred stock...