MicroStrategy has dramatically expanded its Bitcoin portfolio, acquiring 4,871 $BTC at around $329.9 million, equating to $67,718 per coin. This comes while major companies remain largely inactive in the crypto market, enabling MicroStrategy to capture a larger corporate Bitcoin share. Michael Saylor’s enterprise analytics software company has focused on Bitcoin since 2020, making it integral to their business strategy.
Steady Expansion Despite Market Quiet
As of now, MicroStrategy’s Bitcoin holdings total 766,970 $BTC, with their lifetime investment reaching $58.02 billion, averaging approximately $75,644 per Bitcoin. Notably, in early 2026, they executed their most significant purchase, acquiring 22,337 $BTC for $1.57 billion. Though the latest acquisition is smaller, it stands out as few other companies are actively increasing their Bitcoin reserves in the current market conditions.
With the past month’s activity, MicroStrategy absorbed approximately 45,000 $BTC, compared to a mere 1,000 $BTC across other public corporate treasuries. Purchasing has declined dramatically since its peak in August 2025 when 69,000 $BTC were acquired in a single month by various companies.
Why is Strategic Purchasing Key?
MicroStrategy now controls around 76% of all Bitcoin held by public companies. This year alone, the firm added about 90,000 $BTC, while competitors managed just 4,000 $BTC collectively. Each purchase affirms the company’s dedication more than its scale.
– MicroStrategy’s recent buys significantly undercut their average cost basis of $75,644, with the latest at $67,718 per Bitcoin, enhancing their strategic position.
– The company’s market-cap-to-net-asset-value stands at approximately 0.85, with new shares financing further acquisitions, despite concerns over shareholder dilution.
– MicroStrategy’s aggressive buying reinforces confidence in the digital asset’s future value and the potential benefits for shareholders.
Despite the challenging market surroundings, MicroStrategy and companies like Strive persist with their Bitcoin strategies. Strive recently added 113 $BTC, driving total holdings to 13,741 $BTC, and echoed MicroStrategy’s approach by purchasing beneath its historical average pricing.
“We believe Digital Credit could be a multi-trillion-dollar opportunity, and every single update today aims to improve the credit quality and lower the expected volatility profile of our Digital Credit product, SATA,” the announcement quoted Strive’s Matt Cole.
Incorporating pathways such as private placements and strategic acquisitions like that of Semler Scientific has further bolstered Strive’s position. Their proprietary “Bitcoin Yield” exemplifies significant growth, showcasing a 22.2% increase per share in late 2025, presenting a prosperous outlook for their investments.