MicroStrategy Adds Another 1,045 Bitcoin to Crypto Coffers

The business intelligence company has purchased 6,455 BTC over the last few weeks

article-image

kitti Suwanekkasit/Shutterstock modified by Blockworks

share

MicroStrategy is continuing to scoop up bitcoin, spending $29.3 million at an average price of $28,016 per bitcoin since March 24.

The company or its subsidiaries now owns 140,000 bitcoins (BTC) as of April 4, according to an SEC filing.

This isn’t a novel purchase. MicroStrategy bought 6,455 BTC over the last few weeks, and has built up its position from approximately 131,000 BTC in December 2022 to 140,000 today. 

In March 2022, now-defunct bank Silvergate issued a $205 million loan to Microstrategy, which in part went to fund purchases of bitcoin. The loan, set to mature in March 2025, was paid off early, following the bank’s collapse.

Wednesday’s SEC filing also said that MicroStrategy’s bitcoin pile is worth about $4.17 billion with “an average purchase price of approximately $29,803 per bitcoin, inclusive of fees and expenses.”

MicroStrategy’s shares (MSTR) dipped after the release of the filing, decreasing roughly 3%. Though, other business analytics companies and bitcoin itself were also in the red this morning. 

The news of the latest round of crypto purchase also comes after co-founder Michael Saylor stepped down as CEO last year to focus on the company’s bitcoin acquisition strategy. The company is by far the largest corporate holder of BTC in the world, with more than 0.66% of Bitcoin’s total supply of 21 million bitcoins.

Blockworks reached out to MicroStrategy for comment.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates (1).png

Research

Aave’s revenues have doubled from April lows and are fast approaching all-time highs. With 35% of borrow interest coming from ETH and 55% from stablecoins, Aave is emerging as a powerful proxy as an ETH and stablecoin beta. As looping strategies accelerate growth and Horizon positions the protocol to ride the RWA wave, Aave is shaping up as one of DeFi’s most compelling multi-narrative plays.

article-image

Bitwise investment strategist expects end to “the wild-west phase of public companies …turning into crypto vehicles”

article-image

The first Solana treasury company is set to make its US debut

article-image

The Solana DAT reportedly plans to raise $1 billion

article-image

YO’s new yoEUR vault lands as incentives try to pull EURC onchain, but fragmented bridges and caps keep markets segmented

article-image

Astana regulator begins trial accepting USD-backed stablecoins for payments through Bybit integration

by Blockworks /
article-image

The Trump-backed DeFi project is believed to have blacklisted Sun’s wallet, triggering market pressure

by Blockworks /