MicroStrategy Buys More Bitcoin: Totaled $10,7 Million in $BTC

• Strategic purchase at a bear market.
• Preparation for future financial expansions.
• Maintaining a strong Bitcoin base.

MicroStrategy, known for its significant Bitcoin holdings, recently added 130 Bitcoins to its portfolio. Between March 10 and 16, the purchase, which totaled $10,7 million, was made at an average price of $82.980 per Bitcoin. This represents the smallest amount the company has ever invested in cryptocurrency at one time.

SAYLOR IS BUYING EVEN MORE BITCOIN

STRATEGY JUST ACQUIRED 130 $ BTC

AVERAGE PRICE: $82,981 pic.twitter.com/EoxkvbyEHt

— Arkham (@arkham) March 17, 2025

MicroStrategy currently holds around 499.226 Bitcoins, worth an impressive $33,1 billion in aggregate. The average cost per Bitcoin, accumulated over previous purchases, is around $66.000. This recent addition to its arsenal follows a previous move in February 2025, when the company made a $2 billion investment in the cryptocurrency, when the price of a single Bitcoin was above $97.000.

The acquisition comes at a curious time, given that Bitcoin's current price is relatively low, raising debate and speculation within the crypto community. In a recent post At X, Michael Saylor, a prominent figure in the company, suggested a possible turnaround in the market:

“On-chain clues: Is Bitcoin gearing up for a major reversal? Active addresses peak, signaling potential bullish momentum ahead!”

Analysts have speculated that MicroStrategy is awaiting additional capital from a recently announced stock offering, indicating that more purchases could be on the horizon. Last month, the company raised $2 billion through a private offering of zero-interest convertible notes, which were used largely in the February purchase. The financial strategy suggests that while more capital is needed, there could be a slowdown in future acquisitions.

The company has been financing its purchases through stock sales and zero-interest bond issuances. This approach, while effective for now, requires MicroStrategy to maintain solid financial stability to ensure optimal benefits from its strategies, since an increase in liabilities could complicate new financing.