MicroStrategy Adds $467M Cash, Keeps Bitcoin Holdings Steady

Key facts

• MicroStrategy increased its U.S. dollar reserve by $466.7 million to $3 billion.
• The company raised cash through its at-the-market equity program.
• MicroStrategy's Bitcoin holdings remained unchanged at 843,775 BTC.
• The company acquired its Bitcoin for approximately $63.69 billion at an average price of $75,476 per BTC.
• MicroStrategy previously sold 3,588 BTC to fund dividend payments for preferred securities.

MicroStrategy has increased its U.S. dollar reserve by $466.7 million to $3 billion, funded through its at-the-market equity program. The company stated that its Bitcoin holdings remain unchanged at 843,775 coins, acquired for an aggregate price of approximately $63.69 billion at an average of $75,476 per Bitcoin. This move follows recent sales of 3,588 BTC by the company to cover dividend payments for its preferred securities. Michael Saylor, co-founder of MicroStrategy, had previously hinted at potential strategy shifts by posting a Bitcoin portfolio tracker.