MicroStrategy scoops 1,031 BTC
MicroStrategy bought 1,031 BTC for $76.6M, lifting its treasury holdings to 762,099 BTC—another signal that some corporates keep diversifying into crypto despite volatility. The buy keeps corporate Bitcoin accumulation in the headlines as a treasury strategy. (x.com)
An 8‑K filing with the SEC records the acquisition as having taken place between March 16 and March 22. (coindesk.com) The SEC disclosure shows the company paid an average of $74,326 per bitcoin for the coins in that batch, a level slightly below its cumulative average cost basis of about $75,694 per coin. (kucoin.com) The latest purchases were funded through at‑the‑market (ATM) sales of Class A common stock (MSTR), marking a return to common‑stock financing after the firm leaned on perpetual preferred shares the prior week. (bloomberg.com) Management also disclosed multibillion‑dollar capital‑raising programs aimed at accelerating accumulation toward a 1‑million‑coin target by the end of 2026, with public filings and commentary outlining roughly $42 billion in planned fundraising. (newsbtc.com) Company filings list the aggregate cost of the bitcoin treasury at about $57.69 billion, reflecting an overall average purchase price near $75,694 across all holdings reported to date. (kucoin.com) Market reaction to the disclosure pushed the stock higher at the close on March 23, with MSTR finishing the day up roughly 2.5% at about $138.20 per share. (stockanalysis.com)
