Bitcoin investment strategy continues to be a core focus for MicroStrategy, as the company—pioneered by Executive Chairman Michael Saylor—expanded its already massive treasury portfolio with another significant acquisition.

MicroStrategy Acquires 430 More Bitcoin

In the past week, MicroStrategy (MSTR), widely recognized as the original corporate bitcoin treasury, added 430 BTC to its holdings. This latest move amounts to a $51.4 million investment, with each bitcoin purchased at an average price of $119,666, according to Michael Saylor’s latest announcement on social media.

Following this procurement, MicroStrategy’s total bitcoin reserve has grown to 629,376 BTC. The company’s overall average purchase price stands at $73,320 per bitcoin. Although the price of bitcoin recently slipped to around $115,000 due to a notable correction, the value of MicroStrategy’s crypto treasury remains approximately $72 billion.

Michael Saylor continues to spearhead MicroStrategy’s aggressive bitcoin acquisition strategy.

Updated Equity Issuance Strategy

Along with the bitcoin purchase, Saylor provided updates regarding the company’s equity policies. MicroStrategy is adjusting its previously firm guidelines on at-the-market (ATM) equity issuance. The firm had committed to avoiding common stock issuance when share prices were below 2.5 times the modified net asset value (mNAV), a strategy meant to reassure shareholders wary of dilution.

However, new flexibility has been introduced. According to Saylor’s statement, the company can now issue shares even when trading conditions fall below the 2.5x mNAV threshold—if it aligns with broader strategic objectives. This update allows for greater responsiveness to market conditions and capital management needs.

Market Performance Snapshot

Despite the bold bitcoin accumulation, MicroStrategy shares have faced some headwinds. Premarket trading showed the stock dipping 2.2%, contributing to a broader decline of more than 10% throughout the past week. Year-to-date, however, MSTR shares are still up about 20%, highlighting investors’ long-term optimism driven by the company’s deep engagement in digital assets.

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This strategy cements MicroStrategy’s position as a trailblazer in corporate crypto investments, with decisions closely watched by both equity shareholders and the wider crypto community.