MicroStrategy Acquires 4,048 Bitcoin for $449.3 Million
Strategy’s latest $449.3 million Bitcoin purchase brings its total holdings to over 636,500 BTC, now valued at $69.24 billion, solidifying its position as a top corporate holder.
Strategy, formerly MicroStrategy, has purchased 4,048 BTC for $449.3 million at an average price of $110,981 per coin, according to a Sept. 2 SEC filing. This acquisition increases its total Bitcoin reserves to 636,505 BTC, acquired at a combined cost of $46.95 billion and now valued at $69.24 billion. The holdings represent just over 3% of Bitcoin’s maximum supply. The purchase was financed through $425.3 million from 1.24 million Class A common shares and $46.5 million from preferred share programs STRK, STRF, and STRD. Strategy also raised the annual dividend on its STRC preferred stock from 9% to 10%. While short seller James Chanos criticized the reliance on common equity, the company has raised $5.6 billion from security IPOs in 2025, representing 12% of all U.S. IPOs this year.
- Bitcoin (BTC): A decentralized digital currency that can be sent from user to user on a peer-to-peer network without the need for intermediaries.
- Preferred Stock: A type of equity security that typically offers fixed dividends and has priority over common stock in asset distribution during liquidation.