MicroStrategy Executive Chairman Michael Saylor has sparked market speculation regarding another major bitcoin acquisition after posting a cryptic message alongside the company’s current treasury dashboard on social media.
Key Points
- MicroStrategy currently holds 780,897 BTC, acquired at an average price of $75,577 per coin for a total cost of $59.02 billion.
- The company recently disclosed an April 13 SEC filing confirming the purchase of 13,927 BTC for approximately $1.0 billion.
- Funding for the latest acquisition was generated through the sale of STRC preferred stock.
- Current company data shows $2.25 billion in USD reserves and 10% net leverage, indicating potential liquidity for future purchases.