MicroStrategy buy 855 BTC ($75.3M) as Bitcoin fall under company cost basis

Published: 2026-02-02 14:31:11 |

MicroStrategy buy 855 BTC last week for about $75.3 million, SEC filing show. Dem pay average $87,974 per coin, make total holdings reach 713,502 BTC acquired for roughly $54.26 billion and aggregate cost basis near $76,052/BTC. The purchase happen as Bitcoin small time drop under $75,000 — under MicroStrategy’s overall cost basis — na the first time BTC trade under the firm’s average buy price since late 2023. Earlier report talk say market sell‑offs don reduce MicroStrategy’s unrealized gains big time, and volatility make the company’s BTC position small time near or in the red. Historical behaviour show MicroStrategy slow down buys when BTC trade under their cost basis in 2022–2023. Market betting platform Polymarket put ~81% chance say MicroStrategy go reach 800,000 BTC by end‑2026, wey go need about 87,000 more BTC. Key data for traders: 855 BTC bought; $75.3M total; $87,974 average price for this trade; 713,502 BTC total holdings; $76,052 overall average cost.

Neutral

MicroStrategy dem small‑small buy of 855 BTC get market relevance but e small compared to total Bitcoin supply and wetin di company don already hold (713,502 BTC). Di trade dey show say di company still dey accumulate and dem believe say BTC fit serve as reserve asset, so sentiment side e mild bullish. But e increase perceived risk and short‑term volatility say dem buy while BTC drop below MicroStrategy average cost — and di firm unrealized gains don fall wella during recent sell‑offs. For traders: short‑term impact likely small and driven by volatility (neutral to mixed), because 855 BTC no fit move market price materially, but di story of corporate buying for lower levels fit support bids during dips. Long‑term, continued accumulation by one high‑profile corporate holder dey support constructive supply‑demand story for BTC (modestly bullish). Overall, immediate price impact suppose be neutral, while di news still dey give mild bullish structural signal if accumulation continue.