MicroStrategy Lowers Bitcoin Cost Basis to $76,027 After $168.4M Purchase

MicroStrategy Lowers Bitcoin Cost Basis to $76,027 After $168.4M Purchase

MicroStrategy’s $168.4 million Bitcoin acquisition reduced its average cost by $29, marking its first basis drop in over two years and reinforcing its strategic accumulation plan.

BTC

Fact Check
Multiple authoritative primary sources from MicroStrategy's own corporate disclosures confirm that after a purchase of approximately $168.4 million worth of Bitcoin, the company's average cost basis was reported as $76,027 per BTC. These disclosures are direct statements on official company pages detailing Bitcoin holdings, quantities purchased, total acquisition cost, and calculated average cost. Independent reputable news outlets that cite these official figures consistently report the same cost basis, purchase value, and updated totals. The reported $76,027 average cost figure aligns across both corporate and journalistic accounts, with no credible contradictions found. The small probability of falsehood reflects the possibility of minor reporting or calculation errors, but given the uniformity and directness of the primary source data, the statement is well-supported and highly likely to be accurate.
Summary

Arkham data reveals that MicroStrategy bought $168.4 million worth of Bitcoin, lowering its average holding cost by $29 to $76,027. This is the first reduction in its Bitcoin cost basis since September 25, 2023, ending over two years of stability. The company continues its long-term strategy of adding Bitcoin to its treasury when market prices facilitate more cost-effective accumulation.

Terms & Concepts
  • Cost Basis: The original value of an asset for tax and accounting purposes, used to determine gains or losses upon sale.
  • BTC (Bitcoin): The first decentralized cryptocurrency, enabling peer-to-peer transactions without intermediaries.
  • Arkham: A blockchain analytics platform providing data on cryptocurrency holdings and transactions.