MicroStrategy (MSTR) added 525 bitcoin in its latest purchase, spending $60.2 million and bringing total holdings to 638,985 BTC, according to a Monday SEC filing.
The acquisition was made at an average price of $114,562 per bitcoin, keeping the company’s overall average cost steady.
The announcement comes as bitcoin slipped in European trading, dropping from nearly $117,000 to around $115,000.
So far in 2025, MSTR shares have underperformed bitcoin, rising 11% compared with the cryptocurrency’s 23% gain. Pre-market trading Monday showed MSTR shares at $330 each.
