MicroStrategy has spent six months and $14 billion buying Bitcoin below its all-time high
MicroStrategy purchased 174,812 Bitcoin in the six months following Bitcoin's March 2025 all-time high, deploying approximately $14.1 billion at an average price of $81,122 per coin. The acquisition represents 21.4% of the company's current total holdings, marking one of the most aggressive institutional accumulation campaigns in Bitcoin's history. The purchases were funded largely through at-the-market equity offerings, reinforcing MicroStrategy's full transition from software firm to leveraged