MicroStrategy Buys 155 BTC, Holds 628,946 BTC After 5 Years
MicroStrategy marked its five-year Bitcoin accumulation milestone by buying 155 BTC for $18 million, its smallest tranche since March. The latest Bitcoin purchase lifts total holdings to 628,946 BTC, valued at about $75.5 billion. Since August 2020, MicroStrategy Bitcoin accumulation has been largely financed via debt issuance and Series A Preferred Stock sales, netting over $13 million for this tranche. Year-to-date, Bitcoin’s price is up 27%, approaching $120,095, highlighting strong market momentum. The sustained corporate investment underlines growing institutional confidence in Bitcoin, may tighten supply, boost market sentiment, and reinforce MicroStrategy’s shares as a proxy for BTC exposure.
Bullish
MicroStrategy’s continued Bitcoin accumulation through a 155 BTC purchase signals sustained institutional demand, which in the short term can tighten supply and support upward price pressure. The $18 million buy, though relatively modest, underscores confidence in Bitcoin’s long-term value and may boost market sentiment, encouraging further inflows. Over the long term, recurring corporate purchases and financing via debt instruments suggest robust underlying demand, reinforcing Bitcoin’s appeal as an inflation hedge and contributing to positive price momentum.