MicroStrategy Adds 487 Bitcoin Worth $49.9 Million to Holdings

MicroStrategy Adds 487 Bitcoin Worth $49.9 Million to Holdings

MicroStrategy’s Bitcoin reserves nearly equal its $65 billion market cap, with mNAV dipping below parity as BTC holdings closely track corporate valuation.

BTC

Fact Check
The statement is assessed as highly likely to be true based on strong, consistent evidence from multiple sources. A wide array of reputable financial and cryptocurrency-focused news outlets, including The Block, Yahoo Finance, and Benzinga, all corroborate the exact figures: the purchase of 487 Bitcoin for approximately $49.9 million. The confidence in this assessment is significantly bolstered because several of these high-authority sources explicitly identify their information as coming from the definitive primary source for such a corporate action: a Form 8-K filed by MicroStrategy (or its new name, Strategy) with the U.S. Securities and Exchange Commission (SEC). The official company website is listed as the most authoritative source where this filing would be hosted. While one source presents conflicting data, its relevance score is very low (0.40), and it is an outlier against the overwhelming and well-sourced consensus. The consistency across numerous credible secondary sources that all point to the same official primary document makes the original statement very reliable.
Summary

MicroStrategy’s market capitalization stands at $65 billion, closely matching the $65.16 billion value of its 641,692 BTC holdings, as its mNAV slipped to 0.989, according to Bitcointreasuries data. The company’s average Bitcoin purchase price remains $74,085, following a November 2024 acquisition of 487 BTC worth $49.9 million. The decline in mNAV reflects a narrowing gap between the firm’s equity value and its Bitcoin reserves, reinforcing its status as the largest corporate Bitcoin holder.

Terms & Concepts
  • Bitcoin (BTC): A decentralized digital currency that enables peer-to-peer transfers on the blockchain without intermediaries.
  • MicroStrategy: A U.S.-based business intelligence firm known for making significant Bitcoin investments as part of its corporate treasury strategy.
  • BTC Holdings: The total amount of Bitcoin owned by an individual or entity.