MicroStrategy Adds 655 Bitcoin via ATM Issuance

MicroStrategy boosted its Bitcoin treasury by acquiring a total of 655 BTC across two ATM-funded transactions. Between October 13–14, the company added 168 BTC at an average price of $112,051 per coin, and between November 3–9, it purchased 487 BTC at an average of $102,557. These buys raise MicroStrategy’s total Bitcoin holdings to 641,692 BTC, with a cumulative cost basis of $47.54 billion (average $74,079). Both acquisitions were financed through its at-the-market (ATM) share issuance program, which still has $4.61 billion in remaining capacity under its “42/42” equity plan. Despite continued Bitcoin accumulation, MSTR shares have diverged: they rose 2.33% to $296.61 after the October purchase but later fell to a year-to-date low of $222.34 on November 7, trading around $250.60 pre-market and down 16% YTD. The reduced buying pace and recent Bitcoin price retreat have weighed on market sentiment. Traders should monitor MicroStrategy’s ATM issuance schedule, Bitcoin support levels near the average buy‐in prices, and MSTR share performance for potential signs of renewed momentum.