MicroStrategy, the world’s largest public Bitcoin holder led by Michael Saylor, disclosed new BTC purchases after prices briefly dipped below $75,000. According to a U.S. Securities and Exchange Commission filing, the company acquired 855 Bitcoin for $75.3 million last week, at an average price of $87,974 per BTC.
Bitcoin began the week above $87,700 and reached $90,000 before briefly falling below $75,000 on Sunday, per CoinGecko. The latest purchase raised MicroStrategy’s total holdings to 713,502 BTC, purchased for about $54.26 billion at an average cost of $76,052 per coin.
This marked the first time Bitcoin traded below MicroStrategy’s average purchase cost since late 2023. MicroStrategy launched its Bitcoin Standard program in August 2020. Two years later, in May 2022, Bitcoin again traded below the company’s average purchase price — then about $30,600 — when BTC fell below $30,000. That decline forced MicroStrategy to slow buying; it acquired just 8,109 BTC in 2022. Bitcoin remained below the company’s cost basis until late August 2023, with another brief drop afterward; during that below-cost period MicroStrategy made seven purchases totaling 28,560 BTC. The amount bought during that period represented roughly 22% of the company’s 129,218 BTC holdings at the start of the period.
Despite bearish sentiment after the weekend sell-off, Polymarket bettors remain optimistic about MicroStrategy’s accumulation. While markets showed a 72% chance of Bitcoin falling below $65,000, Polymarket priced an 81% probability that MicroStrategy’s holdings will reach 800,000 BTC by Dec. 31, 2026. Achieving that level would require the company to buy at least 87,000 BTC by the end of 2026.
Last year, MicroStrategy founder Michael Saylor predicted Bitcoin could reach $21 million per coin by 2046.
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