MicroStrategy kept buying bitcoin during last week’s pullback, extending a steady accumulation strategy even as markets wobbled from macro and geopolitical shocks.
The company disclosed it purchased 1,031 BTC for $76.6 million — an average price of $74,326 per coin — bringing its total stash to 762,099 BTC. Based on that entry price, the purchase likely occurred in the first business days of the previous week, when bitcoin briefly traded above $74,000.
This latest buy is much smaller than the $1.57 billion, 22,337-BTC acquisition MicroStrategy announced a week earlier, but it underscores the firm’s disciplined, recurring approach: the company has repeatedly added to its holdings and continues to report purchases on Mondays.
MicroStrategy has now spent about $57.69 billion building its bitcoin position and remains the largest corporate holder of the asset. However, the recent market correction means bitcoin is trading below the company’s most recent average purchase price, leaving MicroStrategy with unrealized losses at current spot levels.
Price action last week saw bitcoin rise above $74,000 before reversing. The decline accelerated around and after the Fed’s second FOMC meeting of the year, and a brief rebound to about $71,500 faded; by press time, BTC had slipped back below $70,000. A short-lived uptick followed former President Trump’s statement on the war in Iran, but the rally did not hold.
The takeaway: MicroStrategy remains committed to dollar-cost accumulation despite volatility and geopolitical noise, signaling long-term conviction in bitcoin even as short-term prices fluctuate.
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