MicroStrategy Acquires 1,665 Bitcoin for $142.7 Million

MicroStrategy (MSTR) has continued its bitcoin acquisition strategy, purchasing an additional 1,665 bitcoin for $142.7 million in cash. The purchases occurred between September 21 and September 27, 2026, at an average price of approximately $85,681 per bitcoin, according to a company filing.

Purchase Funding and Capital Allocation

The acquisition was funded through the company's at-the-market (ATM) offering. During the specified period, MicroStrategy sold 1,469,165 shares of its Class A common stock, generating net proceeds of $246.2 million.

Beyond the bitcoin purchase, the company allocated a portion of these proceeds and existing cash for other corporate purposes. Key activities included:

• Using $103.5 million from the stock sale, plus $48.1 million in cash, to repurchase $151.7 million worth of its digital credit securities (STRC Stock).
• Paying $22.1 million in dividends on its preferred stock from its USD Reserve.

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Updated Bitcoin Holdings

Following this latest purchase, MicroStrategy's total bitcoin holdings have increased to 847,666 bitcoins as of September 27, 2026. The company reported the aggregate cost for its entire bitcoin treasury is $63.95 billion, reflecting an average purchase price of $75,437 per bitcoin.

This ongoing accumulation reinforces MicroStrategy's position as one of the largest corporate holders of bitcoin, a core component of its balance sheet strategy. Investors often view MSTR stock as a proxy for bitcoin exposure due to the size of its holdings relative to its market capitalization.