MicroStrategy Acquires 850 Bitcoin, Funded Largely Through Stock Sales – 22/9/2025
MicroStrategy (MSTR) expanded its Bitcoin holdings last week by purchasing 850 BTC for $99.7 million, increasing its total stash to 639,825 coins. The acquisition was made at an average price of $117,344 per Bitcoin, pushing the company’s overall average purchase price to $73,971.
The purchase was primarily financed through stock offerings, including perpetual preferred shares and at-the-market (ATM) common stock sales, with around 80% of funding coming from common stock.
In pre-market trading, MSTR shares declined 2.5%, following both the Bitcoin purchase and a broader drop in Bitcoin’s price to approximately $112,000.
