MicroStrategy Buys 8,178 Bitcoin in $835M Treasury Boost
MicroStrategy has accelerated its Bitcoin purchase strategy, adding 8,178 BTC for $835 million. The acquisition, disclosed in a recent SEC filing, marks a significant jump from the company’s earlier weekly buys of 400–500 BTC.
This purchase comes as Bitcoin faced a roughly 11% dip over the previous week, trading near $94,200. MicroStrategy now holds 649,870 BTC in its treasury.
Despite a flash crash that sent MSTR shares down 16%, executive chair Michael Saylor reiterated his commitment to continued accumulation. This large-scale Bitcoin purchase underlines strong institutional demand and may bolster market stability.
Traders should watch for bullish momentum, as sustained corporate buying can support price floors and signal long-term conviction in Bitcoin’s value proposition.
Bullish
MicroStrategy’s record $835M Bitcoin purchase signals strong institutional confidence. Large-scale buying typically underpins price floors and can trigger bullish sentiment in both short-term and long-term. In the near term, such accumulation may reduce BTC supply on exchanges, limiting downside and boosting volatility with upward pressure. Over the long term, consistent corporate treasury reserves support a narrative of Bitcoin as an inflation hedge, attracting more institutional investors and sustaining upward momentum. Traders often view these large purchases as catalysts for renewed buying, reinforcing a bullish market outlook.