The business intelligence firm MicroStrategy has made another significant Bitcoin acquisition despite recent market volatility caused by escalating global tensions. This latest move reinforces the company's aggressive cryptocurrency accumulation strategy under executive chairman Michael Saylor's leadership.
MicroStrategy disclosed acquiring 245 Bitcoin for approximately $26 million last week, paying an average price of $105,856 per coin. This purchase occurred as Bitcoin's value fluctuated between $108,900 and below $99,000, according to market tracking data. The company now holds 592,345 BTC worth about $41.9 billion at an average acquisition price of $70,681 per coin.
——"We remain committed to our Bitcoin strategy regardless of short-term market movements," a company representative stated——
This marks MicroStrategy's smallest Bitcoin purchase since March, when it bought 130 BTC for $10.7 million. Market observers have questioned why the company didn't capitalize more aggressively on lower prices. However, this approach aligns with Saylor's philosophy of continuous accumulation, even at market peaks.
The firm's purchasing pattern shows a tendency to acquire larger quantities during price surges rather than dips. This unconventional strategy has drawn both criticism and admiration within the cryptocurrency community.
MicroStrategy maintains a 19.2% year-to-date yield on its Bitcoin holdings. The company recently adjusted its annual yield target from 15% to 25%, reflecting growing confidence in cryptocurrency's long-term value proposition.
Saylor has made bold predictions about Bitcoin's future, recently forecasting the digital asset could reach $21 million within 21 years. This extreme bullish outlook comes as more institutional investors begin exploring cryptocurrency allocations.
The latest acquisition occurred against a backdrop of geopolitical uncertainty that has impacted cryptocurrency markets. While some investors retreated, MicroStrategy doubled down on its position, demonstrating its conviction in Bitcoin as a long-term store of value.
【Industry analysts note】MicroStrategy's consistent buying provides stability during market turbulence, though questions remain about the sustainability of its aggressive accumulation strategy if prices decline significantly.
As cryptocurrency adoption grows, MicroStrategy's moves continue to draw attention as a bellwether for institutional Bitcoin investment strategies. The company's next financial disclosures will reveal whether this acquisition pattern persists amid evolving market conditions.